The USDCHF is recovering – Analysis - 10-11-2023

Economies.com
2023-11-10 03:51AM UTC

The USDCHF pair traded positively to breach 0.9020 level and settles above it, to head towards achieving expected intraday gains that start by testing 0.9066 level, noting that breaching this level will confirm stopping the bearish correction that dominated the recent trades to head towards achieving additional rises that reach 0.9125 followed by 0.9225 areas.

 

Therefore, the bullish bias will be expected for today unless breaking 0.8968 and holding below it.

 

Advertistment

The expected trading range for today is between 0.8970 support and 0.9100 resistance.

 

The expected trend for today: Bullish

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