The USDCHF awaits more rise – Analysis - 10-05-2022
Economies.com
2022-05-10 04:19AM UTC
The USDCHF pair keeps rising within the bullish channel that appears on the chart, to keep the bullish trend active in the upcoming period, supported by the EMA50 that carries the price from below, while the positive target extends to reach 1.0015.
Stochastic attempts to gather the positive momentum to support the expectations of continuing the rise, noting that holding above 0.9880 is important to achieve the waited targets.
The expected trading range for today is between 0.9870 support and 0.9980 resistance.
The expected trend for today: Bullish
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