The USD/CHF needs a positive motive – Analysis – 23/09/2019

chf_forexThe USDCHF pair continues to fluctuate at the intraday bullish channel’s support line and keeps its stability above it, getting positive support by the EMA50, waiting to resume the expected bullish trend for the upcoming period, which its targets begin by breaching 0.9990 level to open the way to head towards 1.0095 as a next main station.

Holding above 0.9895 represents the first condition to continue the expected rise, reminding you that breaking it will press on the price to decline towards 0.9836 before any new positive attempt.

The expected trading range for today is between 0.9880 support and 0.9990 resistance.

The expected trend for today: Bullish

The USDCHF needs a positive motive – Analysis - 23-09-2019

Origin: Economies

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