The USD/CHF achieves the target – Analysis – 19/09/2019

forex-news-usd_dollarThe USDCHF pair succeeded to reach our waited target at 0.9990 and settles near it, expecting to surpass this level to rally towards 1.0095 as a next main station, as the price continues to move inside the bullish channel that appears on the chart.

Therefore, the bullish bias will remain suggested for the upcoming period, noting that failing to breach 0.9990 will press on the price to decline and test 0.9836 areas before any new attempt to decline.

The expected trading range for today is between 0.9920 support and 1.0020 resistance.

The expected trend for today: Bullish

The USDCHF achieves the target – Analysis - 19-09-2019

Origin: Economies

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