The USDCHF resumes the rise – Analysis - 28-09-2022

Economies.com
2022-09-28 04:16AM UTC

The USDCHF pair tested the support base formed at 0.960 and bounced upwards strongly from there, to resume the bullish track that targets 1.0000 followed by 1.0064 levels mainly.

 

The EMA50 keeps supporting the price from below, reinforcing the expectations of achieving more gains in the upcoming period, reminding you that it is important to hold above 0.9860 to continue the expected rise.

 

The expected trading range for today is between 0.9860 support and 1.0020 resistance.

 

The expected trend for today: Bullish

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