USDCHF needs the positive momentum – Analysis - 21-06-2017
Economies.com
2017-06-21 01:34AM UTC
The USDCHF pair provided some positive trading yesterday but it lacks the positive momentum on the intraday time frames, which keeps the bullish bias weak until now, and as long as the price is above 0.9725 level, the positive effect of the double bottom pattern still valid, waiting to target 0.9812 followed by 0.9864 levels mainly.
Therefore, the bullish trend will remain suggested in the upcoming sessions unless breaking 0.9725 followed by 0.9700 levels and holding below them.
Expected trading range for today is between 0.9700 support and 0.9812 resistance.
Expected trend for today: Bullish
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