The USDCHF returns to the channel – Analysis - 17-06-2019

Economies.com
2019-06-17 04:10AM UTC

The USDCHF pair provided clear positive trades on last Friday to breach the intraday bearish channel’s resistance and returns to the main bullish channel again, which pushes the price to return to the main bullish track, on its way to achieve more expected gains in the upcoming sessions, as the first positive target is located at 1.0100.

 

Therefore, we are waiting for more rise today unless breaking 0.9960 level and holding below it.

 

The expected trading range for today is between 0.9960 support and 1.0080 resistance.

The expected trend for today: Bullish

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