The USDCHF keeps achieving the positive targets – Analysis - 22-09-2023

Economies.com
2023-09-22 04:17AM UTC

The USDCHF pair rallied upwards strongly yesterday to succeed achieving our new waited target at 0.9050, and we expect the continuation of the bullish bias to achieve additional gains that start at 0.9100 followed by 0.9145.

 

Therefore, the bullish trend scenario will remain valid and active for the upcoming period, supported by the EMA50, noting that the continuation of the bullish wave requires holding above 0.8995 – 0.8970 levels.

 

Advertistment

The expected trading range for today is between 0.8970 support and 0.9130 resistance.

 

The expected trend for today: Bullish

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