The USDCHF needs a strong positive motive – Analysis - 20-07-2021
Economies.com
2021-07-20 03:15AM UTC
The USDCHF pair attempted to breach 0.9200 but it couldn’t hold for long time above it, to fluctuate around the EMA50, waiting to get positive motive that assist to confirm the breach and rally towards our next positive target at 0.9265.
Until now, the bullish trend scenario still valid and active on the intraday and short term basis unless breaking 0.9135 and holding with a daily close below it.
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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