USDCHF succeeds to breach – Analysis - 06-10-2017
Economies.com
2017-10-06 03:45AM UTC
The USDCHF pair managed to confirm breaching 0.9770 level after closing the daily candlestick above it, to activate the positive effect of the double bottom pattern that has poasitive targets that start at 0.9900 and extend to 1.0030.
Therefore, the way is open to continue rising in the upcoming sessions, noting that holding above 0.9700 represents key condition to achieve the waited targets.
Expected trading range for today is between 0.9730 support and 0.9880 resistance.
Expected trend for today: Bullish
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