USDCHF builds support base – Analysis - 18-06-2018

Economies.com
2018-06-18 05:11AM UTC

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The USDCHF pair settles above 0.9955, to keep the bullish trend scenario active in the upcoming sessions, supported by the EMA50 that carries the price from below, waiting to test 1.0055 level mainly.

 

We should note that the continuation of the expected bullish trend depends on holding above 0.9955 and 0.9890 levels.

 

Expected trading range for today is between 0.9890 support and 1.0055 resistance.

 

Expected trend for today: Bullish

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