The USDCHF tests the critical support – Analysis - 25-09-2019
Economies.com
2019-09-25 05:02AM UTC
Breaking the USDCHF pair the intraday bullish channel’s support, to reach to the most important support of the short term trading at 0.9836 now, accompanied with stochastic reach to the oversold levels, waiting for motivating the price to rebound to resume the positive trading.
Therefore, we prefer the continuation of the overall bullish trend, conditioned by holding above 0.9836, pointing that our initial main target is located at 0.9990.
The expected trading range for today is between 0.9830 support and 0.9950 resistance.
The expected trend for today: Bullish
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