USDCHF is stable – Analysis 23.10.2018

forex-news-usd_dollarThe USDCHF price shows sideways and tight trades in the previous days, settling above the previously breached resistance line, thus, no change to the bullish trend scenario that depends on the price stability above 0.9950 and 0.9930 levels, supported by the EMA50, reminding you that our next main target is located at 1.0055.

Expected trading range for today is between 0.9910 support and 1.0030 resistance.

Expected trend for today: Bullish

USDCHF is stable – Analysis - 23-10-2018

Origin: Economies

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