The USDCHF tests the key support – Analysis - 02-05-2019
Economies.com
2019-05-02 04:07AM UTC
The USDCHF pair tested the key support 1.0128 and bounced bullishly from there, to keep the bullish trend scenario active for the upcoming period, supported by stochastic positivity, waiting to head towards 1.0280 mainly.
We should note that breaking 1.0128 and holding below it will put the price under negative pressure that targets targets begin at 1.0020 and might extend to 0.9900 before any new attempt to rise.
The expected trading range for today is between 1.0150 support and 1.0240 resistance.
The expected trend for today: Bullish
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