The USD/CHF approaches the support – Analysis – 26/03/2019

forex-news-usd_dollarThe USDCHF pair trades negatively since yesterday to reach the key support 0.9900, noticing that stochastic provides positive signals now, waiting to motivate the price to resume the expected bullish trend on the intraday basis, which targets testing 0.9900 level as a next station.

We remind you that breaking 0.9900 will stop the expected rise and push the price to head towards 0.9835 initially.

The expected trading range for today is between 0.9880 support and 0.9990 resistance.

The expected trend for today: Bullish

The USDCHF approaches the support – Analysis - 26-03-2019

Origin: Economies

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