USDCHF resumes rising – Analysis – 20/04/2018

chf_forexThe USDCHF pair provided positive trades yesterday after leaning on the support base formed above 0.9675, to keep the bullish trend scenario active in the upcoming period, organized inside the bullish channel that appears on the chart, supported by the EMA50, noting that our next target is located at 0.9790, while holding above 0.9675 represents key condition to continue the expected rise.

Expected trading range for today is between 0.9660 support and 0.9820 resistance.

Expected trend for today: Bullish

USDCHF resumes rising – Analysis - 20-04-2018

Origin: Economies

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