The USD/CHF faces the moving average – Analysis – 28/03/2019

chf_forexThe USDCHF pair finds good intraday resistance formed by the EMA50 now at 0.9955, thus, the price needs to breach this barrier to ease the mission of heading towards our waited positive target at 0.9990, as the bullish trend still suggested in the upcoming sessions, depending on the price stability above 0.9900.

We remind you that breaching the targeted level will push the price to achieve more gains that reach 1.0128 as a next main station.

The expected trading range for today is between 0.9900 support and 1.0020 resistance.

The expected trend for today: Bullish

The USDCHF faces the moving average – Analysis - 28-03-2019

Origin: Economies

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