The USD/CHF resumes rising – Analysis – 30/06/2020

usd_chf_forex_1The USDCHF pair rallied upwards strongly yesterday to approach our waited target at 0.9541, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, noting that surpassing the mentioned level will extend the bullish wave to reach 0.9626 as a next main station.

Therefore, we will continue to suggest the bullish trend on the intraday and short term basis unless breaking 0.9456 and holding below it.

The expected trading range for today is between 0.9460 support and 0.9600 resistance.

The expected trend for today: Bullish

Origin: Economies

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