USDCHF attempts to recover – Analysis – 24/07/2018

fed_fomc_1The USDCHF pair begins toi provide positive trading after testing the bullish channel’s support line, to keep the bullish trend scenario active in the upcoming sessions, supported by the bullish trend that appears on stochastic, waiting to test 1.0055 level as a next main station.

We remind you that breaking 0.9895 followed by 0.9850 levels will stop the positive scenario and push the price to turn to decline.

Expected trading range for today is between 0.9850 support and 1.0000 resistance.

Expected trend for today: Overall Bullish

USDCHF attempts to recover – Analysis - 24-07-2018

Origin: Economies

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