The USDCHF is recovering – Analysis - 06-07-2022

2022-07-06 04:11:10 GMT (Economies.com)
 

The USDCHF pair traded with clear negativity yesterday to breach 0.9630 level and settles above it, to sotp the recently suggested negative scenario and head to achieve expected gains in the upcoming sessions, targeting testing 0.9730 initially, noting that breaching this level will push the price to 0.9860 as a next main target.

 

Therefore, the bullish bias will be suggested in the upcoming sessions, noting that the continuation of the bullish wave requires holding above 0.9630.

 

The expected trading range for today is between 0.9630 support and 0.9750 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0331
-0.0111
1.0597%
1.1961
-0.0087
0.7213%
21.208
-0.148
0.691%
78.815
4.386
5.893%
85.03
1.76
2.11%
1748.165
-2.310
0.132%
 
 
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