USD/CHF continues to rise – Analysis – 03/08/2018

usd_new_1The USDCHF pair shows more bullish bias to move above the bullish channel’s support line again, which supports the continuation of the bullish trend efficiently in the upcoming period, and the way is open to achieve our next main target at 1.0055.

Moving above the EMA50 supports the suggested rise, which its continuation conditions holding above 0.9850.

Expected trading range for today is between 0.9900 support and 1.0030 resistance.

Expected trend for today: Bullish

USDCHF continues to rise – Analysis - 03-08-2018

Origin: Economies

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