USDCHF approaches the target – Analysis - 04-10-2018

2018-10-04 04:00:55 GMT (Economies.com)
USDCHF approaches the target – Analysis - 04-10-2018
 

The USDCHF pair succeeded to breach 0.9850 level yesterday to rally upwards and approaches our waited target at 0.9965, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, supported by the EMA50 that carries the price from below, noting that the continuation of the expected rise conditions holding above 0.9850.

 

Expected trading range for today is between 0.9850 support and 1.0000 resistance.

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1591
0.0046
0.3958%
1.3186
0.0099
0.7572%
14.729
0.133
0.908%
71.255
-0.229
0.320%
80.45
-0.33
0.41%
1229.845
12.185
1.001%
 
 
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