The USD/CHF resumes rising – Analysis – 21/04/2020

usd_newsThe USDCHF pair begins today positively to approach 0.9730 level, getting positive support by the EMA50, waiting to breach this level to confirm extending the bullish wave on the short term basis, as our next target is located at 0.9900.

Therefore, our positive overview will remain valid and active for today, noting that the continuation of the expected rise conditions holding above 0.9730.

The expected trading range for today is between 0.9650 support and 0.9770 resistance.

The expected trend for today: Bullish

Origin: Economies

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