USDCHF keeps the support base – Analysis - 14-11-2017

Economies.com
2017-11-14 04:20AM UTC

The USDCHF pair continues to fluctuate near the main bullish channel's support and keeps its stability above it, to keep the bullish trend scenario valid and active in the upcoming period, waiting to breach 0.9970 to ease the mission of heading towards our positive targets that start at 1.0005 and extend to go further towards 1.0165 after breaching the previous level.

 

In general, we will keep our bullish overview unless breaking 0.9945 followed by 0.9920 levels and holding below them.

 

Expected trading range for today is between 0.9920 support and 1.0010 resistance.

 

Expected trend for today: Bullish

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