The USDCHF resumes the rise – Analysis - 07-06-2023
Economies.com
2023-06-07 04:04AM UTC
The USDCHF pair bounced bullishly after the consolidation of 0.9055 level against the negative pressure that it witnessed in the previous sessions, to reactivate the correctional bullish scenario and head towards testing 0.9130 as a next station, noting that breaching this level will extend the bullish wave to reach 0.9200 areas.
Therefore, the bullish bias will be suggested for today unless breaking 0.9055 and holding with a daily close below it.
The expected trading range for today is between 0.9000 support and 0.9150 resistance.
The expected trend for today: Bullish
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