The USDCHF hits the extended target – Analysis - 29-04-2022
Economies.com
2022-04-29 01:25AM UTC
The USDCHF pair continued the bullish rally to achieve the extended target at 0.9760, and decline to test the bullish channel’s support line that appears on the chart, waiting to resume the main bullish trend, which its next target reaches 0.9800 areas.
Holding above 0.9700 is important to continue the expected rise, as breaking it will press on the price to start correctional bearish wave before turning back to rise again.
The expected trading range for today is between 0.9670 support and 0.9770 resistance.
The expected trend for today: Bullish
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