USDCHF tests the psychological barrier – Analysis - 26-10-2018
Economies.com
2018-10-26 04:31AM UTC
The USDCHF price continues to rise to test 1.0000 barrier and settles around it, waiting for more rise that targets 1.0055 level as a next station, as the price gets continuous positive support by the EMA50.
Holding above 0.9950 is important to continue the suggested bullish bias, as breaking it will press the price to visit 0.9850 areas before any new attempt to rise.
Expected trading range for today is between 0.9950 support and 1.0055 resistance.
Expected trend for today: Bullish
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