The USDCHF touches the first target – Analysis - 10-08-2020
Economies.com
2020-08-10 03:38AM UTC
The USDCHF pair succeeded to achieve our first waited target at 0.9153 and settles near it, starting today with slight bullish bias that hints the price head to continue rising in the upcoming sessions, to keep the bullish trend scenario active, noting that breaching the mentioned level will extend the bullish wave to reach 0.9213 as a next station.
Therefore, we will continue to suggest the bullish trend for today, noting that breaking 0.9115 will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 0.9080 support and 0.9200 resistance.
The expected trend for today: Bullish
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