The USDCHF continues to rise – Analysis - 29-07-2019

Economies.com
2019-07-29 04:46AM UTC

The USDCHF pair shows more bullish bias to move away from 0.9900 barrier, to support the expected bullish trend scenario for the upcoming period, which moves inside the bullish channel that appears on the above chart, waiting to visit 0.9990 as a next main station.

 

The EMA50 supports the positive overview, which its continuation conditions holding above 0.9875 and 0.9836 levels.

 

The expected trading range for today is between 0.9880 support and 0.9990 resistance.

The expected trend for today: Bullish

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