Uncertainty on USDCHF

On the weekly and daily charts, price is ranging caused by the overall market uncertainty in the forex market. If price manages to break above last week’s high, then our next weekly target would be to test the 1.0106 level.

On the daily chart, price is trading above the 20 moving average suggesting a possible bullish continuation. Price might break above the 1.0015 level to test the 1.0067 supply zone.

If price fails to break above last week’s high, then the next target would be the 0.98140 level.
tradingforexhub.net/weekly-forex-forecast-30th-4th-of-october-2019/

Penafian