USDCHF keeps the support base – Analysis – 23/12/2016

usd_newsThe USDCHF pair made new test to 1.0220 level and kept its stability above it, to keep the bullish trend scenario active until now, supported by the EMA50 that keeps carrying the price from below, waiting to trade positive in the upcoming sessions, and the price needs to breach 1.0295 level to open the way to head towards our next target at 1.0450.

Therefore, are waiting for positive trading in the upcoming sessions conditioned by the price stability above 1.0220 and 1.0180 levels.

Expected trading range for today is between 1.0200 support and 1.0326 resistance.

Expected trend for today: Bullish

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Origin: Economies

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