USD/CHF within tight track – Analysis – 06/07/2018

usd_new_1The USDCHF pair fluctuates within sideways and tight track, settling around the EMA50, keeping its stability within the bullish channel that appears on the chart, thus, no change to the bullish trend scenario that its next main target located at 1.0055, while holding above 0.9850 represents key condition for its continuation.

Expected trading range for today is between 0.9870 support and 1.0000 resistance.

Expected trend for today: Bullish

USDCHF within tight track – Analysis - 06-07-2018

Origin: Economies

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