The USD/CHF keeps its positive stability – Analysis – 30/01/2020

forex-news-usd_dollarThe USDCHF pair shows some bearish bias after testing the EMA50, to fluctuate at the key support 0.9712, and as long as the price is above this level, our bullish overview will remain valid, waiting to visit 0.9836 level mainly.

We should note that breaking 0.912 level and holding below it will put the price under the negative pressure again, to head towards 0.9588 level initially.

The expected trading range for today is between 0.9680 support and 0.9800 resistance.

The expected trend for today: Bullish

Origin: Economies

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