The USDCHF is recovering – Analysis - 22-03-2022

Economies.com
2022-03-22 04:24AM UTC

The USDCHF pair bounced upwards strongly after leaning on the intraday bullish trend line that appears on the chart, to breach 0.9345 and settles above it again, to reactivate the bullish trend scenario that targets 0.9470 as a next main station.

 

Therefore, the bullish trend will be suggested for the upcoming sessions unless breaking 0.9345 followed by 0.9300 levels and holding below them.

 

The expected trading range for today is between 0.9300 support and 0.9420 resistance.

 

The expected trend for today: Bullish

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