USDCHF gathers the positive momentum – Analysis – 10/10/2018

forex-news-usd_dollarThe USDCHF pair shows slight bearish bias to move near 0.9900, noticing that stochastic reaches to the oversold levels, to support the chances for bouncing higher and resuming the bullish trend, targeting 0.9965 level as a next station.

You should be aware that breaking 0.9850 level will stop the expected rise and pushes the price to return to the bearish correctional track.

Expected trading range for today is between 0.9850 support and 0.9980 resistance.

Expected trend for today: Bullish

USDCHF gathers the positive momentum – Analysis - 10-10-2018

Origin: Economies

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