USDCHF reaches the extended target – Analysis - 28-09-2018

2018-09-28 03:55:24 GMT (Economies.com)
USDCHF reaches the extended target – Analysis - 28-09-2018
 

The USDCHF pair rallied upwards strongly yesterday to succeed reaching our second target at 0.9790, as it settles near it now, while we might witness some temporary bearish bias affected by stochastic negativity before resuming the bullish bias in the upcoming sessions, depending on building good support base above 0.9723.

 

Therefore, the bullish trend will remain suggested in general conditioned by the price stability above 0.9723, noting that the next target reaches 0.9850.

 

Expected trading range for today is between 0.9700 support and 0.9850 resistance.

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1305
-0.0092
0.8094%
1.2570
-0.0133
1.0482%
14.595
-0.026
0.178%
51.307
-0.938
1.795%
60.22
-1.18
1.92%
1239.450
-8.590
0.688%
 
 
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