USDCHF leans on the support – Analysis - 20-03-2018

Economies.com
2018-03-20 04:32AM UTC

The USDCHF pair approached the key support 0.9488 again and keeps its stability above it, accompanied by witnessing clear positive signals by stochastic, while the EMA50 continues to carry the price from below.

 

Therefore, these factors encourage us to continue suggesting the bullish trend in the upcoming sessions, reminding you that our next target is located at 0.9581, while holding above 0.9488 represents key condition to continue the expected rise.

 

Expected trading range for today is between 0.9460 support and 0.9610 resistance.

 

Expected trend for today: Bullish

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