The USDCHF resumes rising – Analysis - 26-09-2019

Economies.com
2019-09-26 05:04AM UTC

The USDCHF pair bounced higher yesterday after testing 0.9836 level, keeping the bullish trend scenario valid and active in the upcoming sessions, supported by the positive overlapping signal that comes from stochastic, waiting for testing 0.9990 level mainly.

 

Moving above the EMA50 supports the expected rise, which will remain valid conditioned by holding above 0.9836.

 

The expected trading range for today is between 0.9850 support and 0.9990 resistance.

The expected trend for today: Bullish

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