The USDCHF attempts to recover – Analysis - 25-01-2022

Economies.com
2022-01-25 05:21AM UTC

The USDCHF pair returns to rise and surpass 0.9135 level, noticing that the price recorded higher low that makes us suggest witnessing more bullish bias in the upcoming sessions, to head towards testing 0.9200 initially.

 

Therefore, the bullish trend will be expected for today, and breaching the targeted level will extend the bullish wave to reach 0.9265, while the expected rise will remain valid unless breaking 0.9135 followed by 0.9100 levels and holding below them.

 

The expected trading range for today is between 0.9100 support and 0.9220 resistance.

 

The expected trend for today: Bullish

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