The USDCHF gets the positive momentum – Analysis - 29-04-2019
Economies.com
2019-04-29 04:37AM UTC
The USDCHF pair shows some slight bearish bias to move below 1.0200, but we notice that the EMA50 continues to provide the positive support to the price, while stochastic shows oversold signals now.
Therefore, we believe that the chances are valid to resume the expected bullish trend for the upcoming period, which targets 1.0280 as a next main station, while its continuation conditions holding above 1.0128.
The expected trading range for today is between 1.0150 support and 1.0280 resistance.
The expected trend for today: Bullish
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