USDCHF leans on the moving average – Analysis – 20/06/2018

forex-news-usd_dollarThe USDCHF pair tests the EMA50 and keeps its stability above it, which keeps the bullish trend scenario active until now, depending on the price stability above 0.9850 level, as breaking this level will put the price under the correctional bearish pressure on the short term basis, while the positive targets of the expected bullish wav begin at 1.0055.

Expected trading range for today is between 0.9860 support and 1.0020 resistance.

Expected trend for today: Bullish

USDCHF leans on the moving average – Analysis - 20-06-2018

Origin: Economies

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