USDCHF attempts positively – Analysis – 17.10.2016

news_usdThe USDCHF pair shows slight positive trading in attempt to move away from 0.9864 level, while the EMA50 keeps providing the positive support to the price, thus, the chances are valid to trade positively in the upcoming sessions, to keep the bullish trend active on the intraday and short term basis.

The suggested bullish wave targets begin at 1.0000 and extend to 1.0326, reminding you that holding above 0.9864 represents key condition to continue the expected rise.

Expected trading range for today is between 0.9815 support and 1.0000 resistance.

Expected trend for today: Bullish

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Origin: Economies

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