The USDCHF faces new negative pressures – Analysis - 24-09-2021
Economies.com
2021-09-24 04:11AM UTC
The USDCHF pair could not manage to hold for long time above 0.9265, to trade negatively and settles around the EMA50 now, noticing that stochastic provides positive signals that we expect to motivate the price to resume the positive attempts to breach the mentioned level and confirm resuming the bullish trend that its next target located at 0.9345.
Therefore, the bullish trend scenario will remain valid unless breaking 0.9200 and holding below it.
The expected trading range for today is between 0.9200 support and 0.9320 resistance.
The expected trend for today: Bullish
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