The USDCHF faces solid resistance – Analysis - 09-09-2020
Economies.com
2020-09-09 04:03AM UTC
The USDCHF pair fluctuates around 0.9192 level, finding difficulty to surpass this level until now, noticing that stochastic provides positive overlapping signal that supports the chances of achieving the required breach followed by opening the way to head towards our next positive target that reaches 0.9305.
Therefore, the bullish trend scenario will remain valid and active in the upcoming sessions unless breaking 0.9110 level and holding below it.
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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