The USDCHF is within a positive pattern – Analysis - 30-03-2021

2021-03-30 04:47:10 GMT (Economies.com)
 

The USDCHF pair’s recent trades are confined within minor bearish channel that we believe it forms bullish flag pattern, thus, the price needs to breach 0.9395 to activate the positive effect of this pattern followed by rallying towards our main waited target at 0.9494.

 

Therefore, the bullish trend scenario will remain valid and active for the upcoming period conditioned by the price stability above 0.9375.

 

The expected trading range for today is between 0.9350 support and 0.9470 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1982
0.0071
0.5994%
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
25.945
0.850
3.387%
63.092
2.702
4.474%
66.70
-0.23
0.34%
1775.845
38.910
2.240%
 
 
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