The USDCHF keeps the support base – Analysis - 04-07-2019

Economies.com
2019-07-04 04:37AM UTC

The USDCHF pair keeps its stability above 0.9836, getting positive support by the EMA50, to keep the bullish trend scenario valid for the upcoming period, which its next main targets located at 0.9935 followed by 0.9990.

 

We should note that breaking 0.9836 and holding below it will stop the expected rise and put the price under negative pressure that targets 0.9712 areas initially.

 

The expected trading range for today is between 0.9800 support and 0.9935 resistance.

The expected trend for today: Bullish

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