USDCHF tests the support – Analysis - 29-01-2019

Economies.com
2019-01-29 05:24AM UTC

The USDCHF price tested 0.9900 level and keeps its stability above it, to keep the bullish trend active for the upcoming period, waiting to visit 0.9990 level as a first target.

 

Breaching the mentioned level will push the price towards 1.0070 direct, while breaking 0.9900 will put the price under the correctional bearish pressure again, which its next target located at 0.9835.

 

Expected trading range for today is between 0.9870 support and 1.0000 resistance.

Expected trend for today: Overall Bullish

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