The USDCHF within sideways track – Analysis - 04-11-2019
Economies.com
2019-11-04 05:52AM UTC
The USDCHF pair reached 0.9836 support line, accompanied by stochastic entering the oversold areas, which supports the chances of bouncing bullishly in the upcoming sessions, to keep the price confined inside the sideways range that its lines represented by the mentioned support and 0.9990 resistance.
Therefore, we will continue to suggest the sideways scenario until the price manages to breach one of the above mentioned levels, and to review the details of the expected targets after the breach, please check our morning report.
The expected trading range for today is between 0.9800 support and 0.9930 resistance.
The expected trend for today: Sideways
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