The USDCHF approaches the extended target – Analysis - 17-03-2022
Economies.com
2022-03-17 04:38AM UTC
The USDCHF pair rallied upwards strongly to approach our extended target at 0.9470, reinforcing the expectations of continuing the bullish trend in the upcoming period, noticing that stochastic gains the positive momentum clearly, to support the chances of continuing the rise in the upcoming sessions and head to achieve additional gains that reach 0.9575.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis unless breaking 0.9345 and holding below it.
The expected trading range for today is between 0.9345 support and 0.9475 resistance.
The expected trend for today: Bullish
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