The USDCHF gains the positive momentum – Analysis - 26-06-2020
Economies.com
2020-06-26 04:35AM UTC
The USDCHF pair managed to breach the resistance line that appears on the chart on settles above it, noticing that stochastic got rid of its negative momentum and enters the oversold areas, which supports the expectations of continuing the intraday bullish trend, which targets 0.9541 mainly.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless we witnessed clear break and hold below 0.9456.
The expected trading range for today is between 0.9440 support and 0.9560 resistance.
The expected trend for today: Bullish
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