The USDCHF breaches the resistance – Analysis - 11-02-2022
Economies.com
2022-02-11 05:39AM UTC
The USDCHF pair traded with clear positivity to breach 0.9265 level and settels above it, to turn to rise on the intraday basis, on its way to test 0.9345 level initially.
The EMA50 supports the expected rise, noting that breaching the mentioned level will push the price to 0.9400 direct, while the expeted rise will remain valid unless breaking 0.9265 and holding below it.
The expected trading range for today is between 0.9220 support and 0.9345 resistance.
The expected trend for today: Bullish
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