USD/CHF keeps its positive stability – Analysis – 12/11/2018

chf_forexThe USDCHF price settles above 1.0055 level, to keep the bullish trend active in the upcoming sessions, supported by stochastic reach to the oversold areas, waiting to target 1.0105 followed by 1.0170 levels as next main stations.

Holding above 1.0050 – 1.0020 levels is important to continue the bullish trend and guarantee not turning back to the correctional bearish track.

Expected trading range for today is between 1.0020 support and 1.0150 resistance.

Expected trend for today: Bullish

USDCHF keeps its positive stability – Analysis - 12-11-2018

Origin: Economies

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