The USDCHF breaches the resistance – Analysis - 11-11-2021

Economies.com
2021-11-11 05:32AM UTC

The USDCHF pair rallied upwards strongly to breach the bearish channel’s resistance and heads towards achieving more expected gains on the intraday basis, approaching to test 0.9200 level now, noting that breaching it will push the price to 0.9265 direct.

 

Therefore, the bullish trend will be suggested in the upcoming sessions conditioned by the price stability above 0.9140.

 

The expected trading range for today is between 0.9140 support and 0.9250 resistance.

 

The expected trend for today: Bullish

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