The USDCHF faces strong negative pressure – Analysis - 26-08-2019
Economies.com
2019-08-26 05:15AM UTC
The USDCHF pair traded with strong negativity in the previous sessions to break 0.9795 level and touches the most important support to the short term trades at 0.9712, as it keeps its stability above it, and begins providing positive trades now, which supports the chances of regaining the bullish trend, waiting to test 0.9836 initially.
Therefore, the bullish bias will be suggested for today unless breaking 0.9712 level and holding below it.
The expected trading range for today is between 0.9712 support and 0.9836 resistance.
The expected trend for today: Bullish
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