USDCHF tests the support – Analysis - 16-10-2018
Economies.com
2018-10-16 04:22AM UTC
The USDCHF price showed new test to 0.9850 level and kept its stability above it, to keep the bullish trend valid and suggested in the upcoming period, supported by stochastic current negativity, waiting to target 0.9965 level initially.
We should note that breaking 0.9850 will stop the expected rise and press the price to return to the correctional bearish trend again.
Expected trading range for today is between 0.9830 support and 0.9965 resistance.
Expected trend for today: Bullish
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