USDCHF continues the bullish correction – Analysis - 05-04-2018
Economies.com
2018-04-05 04:13AM UTC
The USDCHF pair provided positive trades yesterday to breach 0.9581 level and settles above it, which opens the way to extend the correctional bullish wave on the short term basis, as the next target is located at 0.9675.
Therefore, the bullish bias will be suggested in the upcoming sessions, organized inside the bullish channel that appears on the chart, noting that breaking 0.9581 will stop the expected rise and push the price to decline again.
Expected trading range for today is between 0.9540 support and 0.9675 resistance.
Expected trend for today: Bullish
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