The USDCHF approaches the target – Analysis - 25-09-2020
Economies.com
2020-09-25 04:04AM UTC
The USDCHF pair shows more bullish bias to gradually approach our waited target at 0.9305, getting continuous positive support by the EMA50, to keep the bullish trend scenario valid for the upcoming period, noting that breaching the mentioned level will extend the bullish wave to reach 0.9396 as a next station.
Holding above 0.9192 is important to continue the expected rise, as breaking it will stop the current bullish correction and press on the price to resume the main bearish trend again.
The expected trading range for today is between 0.9200 support and 0.9340 resistance.
The expected trend for today: Bullish
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