USDCHF awaits the breach – Analysis - 03-10-2018

2018-10-03 04:04:02 GMT (Economies.com)
USDCHF awaits the breach – Analysis - 03-10-2018
 

The USDCHF pair hovers around 0.9850 level, accompanied by stochastic reach to the oversold areas’ thresholds, while the EMA50 keeps supporting the price from below.

 

Therefore, these factors encourage us to continue suggesting the bullish trend on the intraday and short term basis, noting that our next main target is located at 0.9965, while achieving it conditions holding above 0.9723.

 

Expected trading range for today is between 0.9780 support and 0.9920 resistance.

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1307
-0.0090
0.7875%
1.2573
-0.0130
1.0210%
14.598
-0.023
0.157%
51.242
-1.002
1.919%
60.18
-1.28
2.08%
1239.800
-8.240
0.660%
 
 
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