The USDCHF surpasses the resistance – Analysis - 19-06-2019

Economies.com
2019-06-19 04:38AM UTC

The USDCHF pair resumed its positive trading yesterday to breach 1.0000 level and settles above it, which opens the way for more bullish correction on the intraday basis, and it is expected to test 1.0040 followed by 1.0085 levels in the upcoming sessions.

 

Therefore, we expect witnessing more positive trading today, noting that breaking 1.0000 followed by 0.9944 levels will stop the expected rise and press on the price to decline again.

 

The expected trading range for today is between 0.9960 support and 1.0085 resistance.

The expected trend for today: Bullish

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