The USDCHF hits the extended target – Analysis - 09-03-2021
Economies.com
2021-03-09 05:26AM UTC
The USDCHF pair succeeded to touch our waited target at 0.9375 and shows some bearish rebound from there, affected by stochastic negativity that attempts to gain the positive momentum now, waiting to resume the main bearish trend that its next targets extend to reach 0.9494.
On the other hand, we should note that breaking 0.9320 followed by 0.9295 levels will stop the expected rise and press on the price to turn to decline.
The expected trading range for today is between 0.9300 support and 0.9420 resistance.
The expected trend for today: Bullish
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