The USDCHF tests the support – Analysis - 07-10-2019
Economies.com
2019-10-07 05:00AM UTC
The USDCHF pair tests the intraday bullish channel’s support, and the EMA50 keeps supporting the price from below, keeping the bullish trend scenario active in the upcoming sessions, and the price needs to breach 0.9990 level to confirm the rally towards 1.0070 as a next main station, being aware that breaking 0.9950 will push the price to decline to 0.9836 levels before any new attempt to rise.
The expected trading range for today is between 0.9920 support and 1.0020 resistance.
The expected trend for today: Bullish
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