USDCHF gets the positive momentum – Analysis - 29-06-2018

Economies.com
2018-06-29 03:42AM UTC

The USDCHF pair shows some slight bearish bias now, noticing that stochastic approaches the oversold areas to form positive factor that we are waiting to assist to push the price to resume the main bullish trend, which depends on the price stability above 0.9850, supported by the EMA50 that carries the price from below, reminding you that our main waited target is located at 1.0055.

 

Expected trading range for today is between 0.9900 support and 1.0030 resistance.

 

Expected trend for today: Bullish

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