The USDCHF hits the first target – Analysis - 01-10-2019

Economies.com
2019-10-01 04:50AM UTC

The USDCHF pair succeeded to hit our waited initial target at 0.9990 and makes attempts to breach it, keeping the bullish trend valid and preferred in the upcoming sessions, supported by the EMA50, pointing that our next target extends to 1.0070.

 

You should be aware that breaking 0.9935 will push the price to declie to 0.9836 levels again before any new attempt to rise.

 

The expected trading range for today is between 0.9935 support and 1.0070 resistance.

The expected trend for today: Bullish

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