The USDCHF attacks the resistance – Analysis - 02-06-2022

2022-06-02 04:06:49 GMT (Economies.com)
 

The USDCHF pair shows positive trades now to attack 0.9630 level and attempts to hold above it, to hint stopping the bearish correction that dominated the recent trades and head to resume the main bullish trend, which makes us suggest witnessing more bullish bias today, targeting testing 0.9730 level mainly.

 

On the other hand, we should note that failing to confirm breaching 0.9630 will stop the expected rise and press on the price to decline again.

 

The expected trading range for today is between 0.9590 support and 0.9700 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0535
0.0094
0.8994%
1.2293
0.0245
2.0329%
23.157
1.801
8.433%
81.475
7.046
9.467%
85.86
-1.02
1.17%
1795.560
45.085
2.576%
 
 
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