USD/CHF tests the support – Analysis – 21/02/2019

chf_forexThe USDCHF pair tested the key support 0.9990 and kept its stability above it, to keep the bullish trend scenario active for the upcoming period, supported by stochastic current positivity, waiting to visit 1.0128 level that represents our next main target.

Holding above 0.9990 is important to continue the suggested bullish wave, as breaking it will press on the price to return to the correctional bearish track again, which its first target located at 0.9904.

The expected trading range for today is between 0.9980 support and 1.0080 resistance.

The expected trend for today: Bullish

USDCHF tests the support – Analysis - 21-02-2019

Origin: Economies

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