The USDCHF gets a positive close – Analysis - 08-07-2022
Economies.com
2022-07-08 02:04AM UTC
The USDCHF pair closed the daily candlestick above 0.9730 level, which supports the continuation of the expected bullish trend for the upcoming period, paving the way to head towards our next positive target at 0.9860.
The EMA50 continues to support the suggested bullish wave, noting that breaking 0.9700 will press on the price to decline towards 0.9630 areas before any new attempt to rise.
The expected trading range for today is between 0.9670 support and 0.9790 resistance.
The expected trend for today: Bullish
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