The USDCHF resumes rising – Analysis - 08-05-2019

Economies.com
2019-05-08 01:39AM UTC

The USDCHF pair provided clear positive trades yesterday to move away from the EMA50, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, organized inside the bullish channels that appear on the chart, reminding you that our next target is located at 1.0310.

 

We remind you that the continuation of the expected bullish trend conditions the price stability above 1.0128.

 

The expected trading range for today is between 1.0150 support and 1.0260 resistance.

The expected trend for today: Bullish

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