The USDCHF hits the target – Analysis - 21-10-2019
Economies.com
2019-10-21 04:53AM UTC
The USDCHF pair succeeded to touch our waited target at 0.9836 and begins providing positive trades from there, accompanied by stochastic reach to the oversold areas, which encourages us to suggest the bullish bias in the upcoming sessions, on its way to head towards 0.9990 again.
Therefore, the bullish trend will be expected for today, taking into consideration that breaking 0.9836 will stop the suggested rise and push the price to visit 0.9712 level as a next negative station.
The expected trading range for today is between 0.9800 support and 0.9930 resistance.
The expected trend for today: Bullish
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