The USDCHF resumes the rise – Analysis - 22-11-2021

Economies.com
2021-11-22 05:25AM UTC

The USDCHF pair bounced bullishly after testing 0.9265 level in the previous sessions, to resume the bullish track and head towards our first waited positive target at 0.9345.

 

The EMA50 continues to support the price from below, to continue suggesting the bullish trend on the intraday and short term basis, reminding you that it is important to hold above 0.9265 to continue the expected rise.

 

The expected trading range for today is between 0.9250 support and 0.9345 resistance.

 

The expected trend for today: Bullish

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