USD/CHF activates the positive pattern – Analysis – 10/05/2018

chf_forexThe USDCHF pair succeeded to breach the bullish flag’s resistance mentioned yesterday, to surpass the recently recorded top at 1.0036 and settles above it, which supports the continuation of the bullish trend efficiently in the upcoming period, and the way is open to achieve our next target at 1.0100.

The EMA50 continues to support the expected bullish wave, which its continuation conditions holding above 1.0000.

Expected trading range for today is between 1.0000 support and 1.0100 resistance.

USDCHF activates the positive pattern – Analysis - 10-05-2018

Origin: Economies

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