The USDCHF approaches the target – Analysis - 23-11-2021
Economies.com
2021-11-23 05:24AM UTC
The USDCHF pair continues to rise to reach the thresholds of the waited target at 0.9345, expecting to surpass this level to open the way to achieve more gains on the short term and medium term basis, noting that the next targets reach 0.9400 followed by 0.9470.
Therefore, we are waiting for more expected rise in the upcoming sessions that get continuous support by the EMA50, noting that holding above 0.9265 is important to achieve the suggested targets.
The expected trading range for today is between 0.9280 support and 0.9380 resistance.
The expected trend for today: Bullish
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