The USDCHF is recovering – Analysis - 28-02-2022

Economies.com
2022-02-28 04:08AM UTC

The USDCHF pair returns to rise strongly to breach 0.9265 and settle above it, to turn to rise and head to achieve gains that start by testing 0.9345.

 

Therefore, the bullish bias will be suggested for today, supported by moving above the EMA50, noting that breaking 0.9265 will press on the price to decline again and visit 0.9200 initially.

 

The expected trading range for today is between 0.9210 support and 0.9345 resistance.

 

The expected trend for today: Bullish

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