USD/CHF resumes rising – Analysis – 12/10/2018

usd_new_1The USDCHF price bounced bullishly after testing 0.9850 level in the previous sessions, to keep the bullish trend scenario valid and active until now, as the next main targets located at 0.9965 and extend to 1.0055 after breaching the previous level.

We remind you that breaking 0.9850 will stop the expected rise and push the price to return to the correctional bearish track again.

Expected trading range for today is between 0.9850 support and 0.9965 resistance.

Expected trend for today: Bullish

USDCHF resumes rising – Analysis - 12-10-2018

Origin: Economies

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