The USD/CHF resumes rising – Analysis – 14/02/2020

forex-news-usd_dollarThe USDCHF pair provides more bullish bias to crawl towards our waited target at 0.9836, as it gets positive support by the EMA50, noting that breaching the mentioned level will extend the bullish wave towards 0.9945 as a next positive station.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless we witnessed clear break and holding below 0.9712.

The expected trading range for today is between 0.9750 support and 0.9870 resistance.

The expected trend for today: Bullish

Origin: Economies

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