The USDCHF resumes rising – Analysis - 27-03-2019

Economies.com
2019-03-27 05:29AM UTC

The USDCHF pair resumed its positive trading to gradually approach our main waited target at 0.9990, and the price needs to breach the EMA50 to confirm the continuation of rising in the upcoming sessions, noting that breaching the mentioned level will extend the bullish wave to reach 1.0128 areas on the near term basis.

 

In general, we will continue to suggest the bullish trend for today unless breaking 0.9900 level and holding below it.

 

The expected trading range for today is between 0.9900 support and 1.0020 resistance.

The expected trend for today: Bullish

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