The USD/CHF surpasses the moving average – Analysis – 11/02/2020

usd_newsThe USDCHF pair shows more calm bullish bias to crawl gradually towards our waited target at 0.9836, to keep the positive scenario active for the upcoming period, supported by moving above the EMA50, reminding you that breaching this level will extend the bullish wave to reach 0.9945, while holding above 0.9712 represents key condition to continue the suggested rise.

The expected trading range for today is between 0.9730 support and 0.9850 resistance.

The expected trend for today: Bullish

Origin: Economies

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