The USDCHF hits the target – Analysis - 11-08-2022

2022-08-11 04:03:30 GMT (Economies.com)
 

The USDCHF pair traded with strong negativity to succeed achieving our waited target at 0.9400, noticing that the price rebounds bullishly to head towards potential test to 0.9530, making the bullish bias suggested for today, noting that the expected rise is temporarily, waiting to resume the main bearish wave.

 

On the other hand, we should note that breaking 0.9400 will stop the suggested bullish bias and press on the price to achieve additional decline that its next target reaches 0.9290.

 

The expected trading range for today is between 0.9390 support and 0.9520 resistance.

 

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The expected trend for today: Bullish temporarily

 
 
 
  Symbol Last Change Chg.%
1.0331
-0.0110
1.0554%
1.1988
-0.0060
0.4947%
21.194
-0.162
0.756%
78.616
4.187
5.625%
85.10
1.89
2.27%
1751.630
1.155
0.066%
 
 
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