The USDCHF hits the first target – Analysis - 18-02-2021

2021-02-18 05:09:37 GMT (Economies.com)
 

The USDCHF pair rallied upwards strongly yesterday to succeed achieving our waited target at 0.8975, and breaches it to settle above it, which supports the continuation of the bullish wave on the intraday basis, which targets 0.9025 as a next station.

 

Therefore, the bullish trend will remain dominant in the upcoming sessions unless breaking 0.8975 followed by 0.8923 levels and holding below them.

 

The expected trading range for today is between 0.8930 support and 0.9050 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2006
-0.0020
0.1646%
1.3839
-0.0114
0.8138%
Tadawul
10127.90
18.31
0.18%
26.160
0.368
1.427%
61.390
-1.788
2.830%
65.54
0.22
0.34%
1782.720
11.270
0.636%
 
 
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