USDCHF keeps the support base – Analysis - 08-02-2019
Economies.com
2019-02-08 05:08AM UTC
The USDCHF pair keeps its stability above 0.9990, and we notice that the price is organized inside bullish channel that appears on the chart, which supports the expectations of continuing the bullish trend on the intraday and short term basis, which its next targets located at 1.0070 and 1.0128.
The EMA50 supports the suggested rise, while breaking 0.9990 will put the price under the correctional bearish pressure again.
The expected trading range for today is between 0.9990 support and 1.0100 resistance.
The expected trend for today: Bullish
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