USDCHF builds support base – Analysis - 08-02-2018
Economies.com
2018-02-08 05:14AM UTC
The USDCHF pair succeeded to breach 0.9424 level and settled with a daily close above it, to build support base that reinforces the chances of continuing the bullish trend on the short term basis, and the way is open to head towards our next target at 0.9530.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 0.9424 followed by 0.9365 levels and hold below them.
Expected trading range for today is between 0.9380 support and 0.9530 resistance.
Expected trend for today: Bullish
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