The USDCHF hits the first target – Analysis - 09-07-2019
Economies.com
2019-07-09 04:48AM UTC
The USDCHF pair succeeded to achieve our first target at 0.9935 and breached it to open the way to head towards our second waited target at 0.9990, to keep the bullish trend valid until now, supported by moving above the EMA50, noting that surpassing the second target will push the price to achieve additional positive targets that reach 1.0070.
In general, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the price stability above 0.9836.
The expected trading range for today is between 0.9900 support and 1.0000 resistance.
The expected trend for today: Bullish
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