The USDCHF breaches the resistance – Analysis - 07-01-2022

2022-01-07 04:55:50 GMT (Economies.com)
 

The USDCHF pair breached 0.9200 level clearly and settled above it, to turn to rise on the intraday basis, on its way to test 0.9265 level initially, noting that breaching this level will push the price to 0.9340 as a next main target.

 

Therefore, the bullish bias will be expected in the upcoming sessions conditioned by the price stability above 0.9200.

 

The expected trading range for today is between 0.9170 support and 0.9280 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1342
-0.0062
0.5419%
1.3614
-0.0044
0.3211%
Tadawul
12260.13
73.83
0.61%
24.138
1.126
4.891%
86.168
2.299
2.741%
87.79
0.29
0.33%
1840.235
19.775
1.086%
 
 
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