The USDCHF faces solid resistance – Analysis - 16-09-2021

Economies.com
2021-09-16 04:30AM UTC

The USDCHF pair attempts to breach 0.9200 level and finds solid resistance there, getting continuous positive support by the EMA50, waiting for more rise to visit 0.9265 that represents our first target.

 

Holding above 0.9175 is important to continue the expected bullish bias, as breaking it will press on the price to visit 0.9100 areas before any new positive attempt.

 

The expected trading range for today is between 0.9160 support and 0.9250 resistance.

 

The expected trend for today: Bullish

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