USDCHF begins to rise – Analysis - 02-07-2018
Economies.com
2018-07-02 02:33AM UTC
The USDCHF pair provides positive trading now after testing the intraday bullish channel’s support line that appears on the chart, motivated by stochastic positivity that appears on the four hours’ time frame, to keep the bullish trend scenario active in the upcoming period, targeting testing 1.0055 level mainly.
Holding above 0.9850 is important to continue the expected rise, as breaking it will push the price to return to the correctional bearish track again.
Expected trading range for today is between 0.9850 support and 1.0000 resistance.
Expected trend for today: Bullish
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