USDCHF achieves more gains – Analysis - 02-10-2018

Economies.com
2018-10-02 04:14AM UTC

The USDCHF pair succeeded to touch our waited target at 0.9850 and settles around it, getting continuous positive support by the EMA50, to support the chances of breaching the mentioned level and head towards 0.9965 that represents the next main target of the current bullish wave.

 

In general, we will continue to suggest the bullish trend in the upcoming sessions, supported by the EMA50, reminding you that holding above 0.9723 represents key condition to continue the expected rise.

 

Expected trading range for today is between 0.9780 support and 0.9920 resistance.

Expected trend for today: Bullish

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