The EURCHF holds above the initial support – Analysis – 22-1-2020
Economies.com
2020-01-22 07:54AM UTC
The EURCHF pair achieved the first target at 1.0722 recently, to form additional support against the negative attempts, as the continuous stability of this support will increase the chances of forming bullish rebound to target 1.0790 and 1.0870 levels.
On the other hand, gathering new negative momentum and crawling below the current support will confirm the preparation to record new negative targets by moving towards 1.0627.
The expected trading range for today is between 1.0725 and 1.0790
The expected trend for today: Bullish
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