USDCHF keeps its positive stability – Analysis – 20/06/2017

chf_forexThe USDCHF pair bounced bullishly after retesting 0.9725 level yesterday, to resume the bullish track on the intraday basis, as the positive effect of the double bottom pattern still active, waiting for more rise in the coming sessions.

Our waited targets begin at 0.9812 and extend to 0.9864, taking into consideration that breaking 0.9700 will stop the expected rise and push the price to decline again.

Expected trading range for today is between 0.9700 support and 0.9864 resistance.

Expected trend for today: Bullish

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Origin: Economies

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