USD CHF gets a positive motive – Analysis - 30/07/2015

Economies.com
2015-07-30 04:26AM UTC

The USDCHF pair returns to trade with clear positivity to approach from the first target at 0.9700, supported by stochastic positivity that appears clearly on the four hours’ time frame, which reinforces the chances of breaching the mentioned level to open the way towards our next main target at 1.0000.

 

Therefore, we will keep our positive overview for the upcoming period conditioned by holding above 0.9540.

 

Expected trading range for today is between 0.9600 support and 0.9800 resistance.

 

Expected trend for today: Bullish

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