USDCHF approaches the target – Analysis - 13-07-2018
Economies.com
2018-07-13 03:51AM UTC
The USDCHF pair rallied upwards to surpass 1.0000 barrier and settles above it, approaching our main waited target at 1.0055, which supports the expectations of continuing the bullish trend on the intraday basis, noting that breaching the mentioned level will extend the pair’s gains to reach 1.0170.
Therefore, we will continue to suggest the bullish bias for the upcoming period, supported by the EMA50, unless breaking 0.9945 level and holding below it.
Expected trading range for today is between 0.9945 support and 1.0080 resistance.
Expected trend for today: Bullish
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