The USDCHF approaches the target – Analysis - 20-08-2019
Economies.com
2019-08-20 05:05AM UTC
The USDCHF pair keeps rising to reach the threshold of the initial target at 0.9836, getting a continuous positive support from the EMA50, providing chances for breaching the mentioned level and opening the way towards extending the bullish wave to target 0.9900 as a next station.
Therefore, the bullish trend will remain preferred for today unless breaking 0.9712 level and holding with a daily close below it.
The expected trading range for today is between 0.9760 support and 0.9870 resistance.
The expected trend for today: Bullish
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