The USDCHF resumes rising – Analysis - 08-07-2019

Economies.com
2019-07-08 04:44AM UTC

The USDCHF pair resumed its positive trading to test 0.9900 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, which targets testing 0.9935 followed by 0.9990 levels as next main stations.

 

Therefore, the positive scenario will remain valid and active on the intraday and short term basis unless breaking 0.9836 level and holding below them.

 

The expected trading range for today is between 0.9860 support and 0.9980 resistance.

The expected trend for today: Bullish

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