USDCHF breaches the resistance – Analysis - 19-10-2018

Economies.com
2018-10-19 04:03AM UTC

The USDCHF price managed to breach the key resistance that appears on the chart and settles above it now, which supports the continuation of our bullish overview efficiently in the upcoming period, opening the way to head towards 1.0055 that represents our next main target.

 

Therefore, we will continue to suggest the bullish trend for today unless breaking 0.9950 followed by 0.9910 levels and holding below them.

 

Expected trading range for today is between 0.9910 support and 1.0030 resistance.

Expected trend for today: Bullish

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