USDCHF achieves some slight gains – Analysis – 19.09.2016

dl-1The USDCHF pair shows some slight bullish bias heading towards the key resistance 0.9864, which represents the sideways range ceiling that dominates the recent trading, and as long as the price is between this resistance and 0.9578 support, the sideways trading will remain valid on the intraday basis, and the price needs to surpass one of these levels to detect its next targets clearly.

For more details about the expected targets after the breach, please review our previous report.

Expected trading range for today is between 0.9700 support and 0.9840 resistance.

Expected trend for today: Sideways

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Origin: Economies

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