USDCHF breaches the resistance – Analysis - 25-04-2018
The USDCHF pair opens today’s trading with clear positivity to braech 0.9790 level and attempts to settle above it, reinforcing the expectations for the bullish trend continuation on the intraday and short term basis, easing the way towards targeting 0.9900 level as a next main station.
Therefore, our bullish trend expectations will remain active, supported by the EMA50, being aware that the trading below 0.9790 might push the price to test 0.9675 levels before any new attempt to rise.
Expected trading range for today is between 0.9750 support and 0.9880 resistance.
Expected trend for today: Bullish