USDCHF keeps achieving targets – Analysis - 01-10-2018
Economies.com
2018-10-01 04:05AM UTC
The USDCHF pair surpassed 0.9790 level and heads towards our next waited target at 0.9850, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, supported by moving above the EMA50, noting that breaching the last level will extend the pair’s gains to reach 0.9965 as a next main station.
Holding above 0.9723 is important to achieve the suggested targets, as breaking it will push the price to return to the correctional bearish track again.
Expected trading range for today is between 0.9750 support and 0.9900 resistance.
Expected trend for today: Bullish
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