The USDCHF is recovering – Analysis - 16-07-2021
Economies.com
2021-07-16 04:42AM UTC
The USDCHF pair bounced upwards clearly yesterday after consolidating above 0.9135, to keep the bullish trend scenario valid and active for the upcoming period, which depends on the price stability above the mentioned level, supported by the EMA50, reminding you that breaching 0.9200 is required to confirm extending the bullish wave towards 0.9265.
The expected trading range for today is between 0.9140 support and 0.9240 resistance.
The expected trend for today: Bullish
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