The USDCHF moves away from the support – Analysis - 16-04-2019

Economies.com
2019-04-16 03:39AM UTC

The USDCHF pair continues to rise to move away from the intraday bullish channel’s support line that appears on the chart, which supports the expectations of continuing the bullish trend on the intraday and short term basis, and the way is open to achieve our main waited target at 1.0128.

 

The EMA50 supports the suggested bullish wave, which its continuation conditions holding above 0.9990.

 

The expected trading range for today is between 0.9980 support and 1.0100 resistance.

The expected trend for today: Bullish

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