The USDCHF is recovering – Analysis - 26-01-2021

Economies.com
2021-01-26 05:40AM UTC

The USDCHF pair could not manage to settle for long time below 0.8860, to trade with clear positivity and heads towards achieving potential gains in the upcoming sessions, and we expect testing 0.8923 initially.

 

Therefore, the bullish bias will be expected for today, noting that breaching the targeted level will extend the bullish wave to reach 0.8974, while the expected rise will remain valid unless breaking 0.8860 and holding below it.

 

The expected trading range for today is between 0.8840 support and 0.8950 resistance.

 

The expected trend for today: Bullish

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