The USDCHF achieves strong gains – Analysis - 17-11-2021

2021-11-17 05:36:17 GMT (Economies.com)
 

The USDCHF pair risen strongly again to surpass 0.9265 level and approaches from the extended target at 0.9345, rienforcing the expectations for the bullish trend continuation, pointing that braeching the last level will extend the bullish wave to reach 0.9400 then 0.9470 levels on the near term basis.

 

Holding above 0.9265 keeps the current bullish rally valid, where breaking it will push the price to test 0.9200 levels and might extend to 0.9140 before any new attempt to rise.

 

The expected trading range for today is between 0.9270 support and 0.9380 resistance.

 

The expected trend for today: Bullish

 

 
 
 
  Symbol Last Change Chg.%
1.1286
-0.0011
0.0987%
1.3496
0.0019
0.1376%
Tadawul
12108.56
56.61
0.47%
23.844
0.027
0.113%
85.301
1.760
2.107%
87.87
1.69
1.96%
1849.700
10.235
0.556%
 
 
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