USDCHF tests the support – Analysis – 26/06/2018

forex-news-usd_dollarThe USDCHF pair tests the key support 0.9850 and still above it until now, which keeps the bullish trend scenario valid until now, supported by stochastic current positivity, waiting to target 0.9950 followed by 1.0055 levels mainly.

We should note that breaking 0.9850 will stop the expected rise and put the price under the correctional bearish pressure on the short term basis.

Expected trading range for today is between 0.9800 support and 0.9930 resistance.

Expected trend for today: Bullish

USDCHF tests the support – Analysis - 26-06-2018

Origin: Economies

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