The USDCHF is forced for some decline – Analysis - 25-04-2019

Economies.com
2019-04-25 04:20AM UTC

The USDCHF pair provided temporary negative trades yesterday but it returns to settle around 1.0200, to keep the bullish trend scenario active in the upcoming sessions, supported by the EMA50, waiting to head towards 1.01275 that represents our next main target.

 

The continuation of the expected rise requires holding above 1.0128, as breaking it will press on the price to turn to decline on the intraday basis to test 1.0000 areas initially before any new attempt to rise.

 

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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