The USDCHF achieves strong gains – Analysis - 30-09-2021

Economies.com
2021-09-30 04:19AM UTC

The USDCHF pair rallied upwards strongly to succeed achieving our waited target at 0.9345 and settles around it, getting continuous positive support by the EMA50, to support the chances of surpassing the mentioned level and head to achieve more gains on the longer term basis, as the next target is located at 0.9400.

 

Therefore, the bullish trend will remain suggested in the upcoming sessions, taking into consideration that failing to breach 0.9345 will press on the price to rebound bearishly and might head to test 0.9265 areas before any new attempt to rise.

 

The expected trading range for today is between 0.9280 support and 0.9400 resistance.

 

The expected trend for today: Bullish

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