USD/CHF begins to recover – Analysis – 15/08/2018

dl-1The USDCHF pair resumes its positive trading to return to the bullish channel that appears on the chart, which supports the continuation of our bullish overview in the upcoming period, supported by moving above the EMA50, waiting to visit 1.0055 level as a next main target.

Therefore, we will continue to suggest the bullish trend unless breaking 0.9850 level and holding below it.

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

Expected trend for today: Bullish

USDCHF begins to recover – Analysis - 15-08-2018

Origin: Economies

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