USDCHF builds support base – Analysis - 03-01-2017
Economies.com
2017-01-03 04:47AM UTC
The USDCHF pair managed to breach 1.0210 level and hold above it, which supports the continuation of our bullish overview efficiently in the upcoming period, paving the way to head towards 1.0326 as a next main station, waiting to breach this level to confirm extending the bullish wave towards 1.0450.
Therefore, the bullish trend scenario will remain valid on the intraday and short term basis conditioned by the price stability above 1.0128.
Expected trading range for today is between 1.0150 support and 1.0326 resistance.
Expected trend for today: Bullish
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