The USDCHF needs the positive momentum – Analysis - 11-05-2022

Economies.com
2022-05-11 03:57AM UTC

The USDCHF pair continues to fluctuate inside the bullish channel, hovering around 0.9950 level, waiting to get positive momentum that assist to push the price to continue the main bullish trend, which its targets extend to 1.0045, while holding above 0.9910 represents key condition to continue the suggested bullish wave.

 

The expected trading range for today is between 0.9900 support and 1.0020 resistance.

 

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The expected trend for today: Bullish

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