USDCHF resumes rising – Analysis - 17-10-2018

Economies.com
2018-10-17 04:46AM UTC

The USDCHF price trades with clear positivity after leaning on 0.9850 level in the previous sessions, to approach our first waited target at 0.9965, noting that breaching this level will extend the bullish wave to reach 1.0055 as a next station.

 

Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 0.9850 level and holding below it.

 

Expected trading range for today is between 0.9850 support and 0.9980 resistance.

Expected trend for today: Bullish

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