The USDCHF exits the sideways range – Analysis - 09-09-2021
Economies.com
2021-09-09 03:54AM UTC
The USDCHF pair breached the sideways range’s resistance at 0.9200 and settled above it, to activate the bullish trend scenario for the upcoming period, waiting to visit 0.9265 initially.
Therefore, the bullish bias will be suggested for today, supported by the EMA50, noting that breaking 0.9200 and holding below it will press on the price to decline towards 0.9135 – 0.9100 areas initially.
The expected trading range for today is between 0.9160 support and 0.9265 resistance.
The expected trend for today: Sideways
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