The USDCHF touches the first target – Analysis - 22-08-2019

Economies.com
2019-08-22 04:39AM UTC

The USDCHF pair resumed its positive trading to achieve the first waited target at 0.9836, getting continue positive support by the EMA50, reinforcing the chances of breaching the mentioned level followed by extending the bullish wave to reach 0.9900 as a next station.

 

Therefore, the bullish bias will remain suggested in the upcoming sessions unless breaking 0.9775 level and holding below it.

 

The expected trading range for today is between 0.9775 support and 0.9900 resistance.

The expected trend for today: Bullish

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