The USDCHF builds bullish track – Analysis - 16-03-2020
The USDCHF pair provided clear positive trades yesterday, to approach our waited target at 0.9588, as the price moves organized inside bullish channel that supports the chances of achieving more gains in the upcoming sessions.
Therefore, we suggest the continuation of the bullish trend on the intraday and short term basis, noting that our next target extends to 0.9700, while holding above 0.9410 represents key condition to continue the suggested rise.
The expected trading range for today is between 0.9410 support and 0.9588 resistance.
The expected trend for today: Bullish