The USDCHF hits the first extended target – Analysis - 18-04-2022

Economies.com
2022-04-18 01:36AM UTC

The USDCHF pair rallied upwards strongly to breach 0.9345 and achieve our waited target at 0.9400, showing more rise to confirm the continuation of the bullish trend domination in the upcoming sessions, noting that our next target is located at 0.9470.

 

Therefore, we will continue to suggest the bullish trend on the intraday basis conditioned by the price stability above 0.9345.

 

The expected trading range for today is between 0.9380 support and 0.9490 resistance.

 

The expected trend for today: Bullish

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