The USDCHF gets a positive close – Analysis - 20-02-2020

Economies.com
2020-02-20 05:31AM UTC

The USDCHF pair closed the daily candlestick above 0.9836 level, to get positive signal that supports the expectations of continuing the bullish trend in the upcoming sessions, waiting to get positive motive that assists to push the price towards our next positive target that reaches 0.9945.

 

Therefore, we are waiting for more rise today, noting that it is important to consolidate above 0.9836 to continue the suggested bullish trend.

 

The expected trading range for today is between 0.9800 support and 0.9900 resistance.

The expected trend for today: Bullish

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