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The USDCHF breaches the resistance – Analysis - 24-02-2023
The USDCHF pair succeeded to breach 0.9316 level and close the daily candlestick above it, reinforcing the expectations of continuing the bullish trend efficiently for the upcoming sessions, opening the way to achieve additional positive targets that reach 0.9400 followed by 0.9475.
Therefore, the bullish trend scenario will remain active for the upcoming period, supported by the EMA50 that carries the price from below, noting that breaking 0.9316 will stop the suggested rise and press on the price to turn to decline.
The expected trading range for today is between 0.9280 support and 0.9410 resistance.
The expected trend for today: Bullish
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The NZDUSD tests the resistance – Analysis - 24-02-2023
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