The USDCHF surpasses the resistance – Analysis - 17-02-2021
Economies.com
2021-02-17 05:02AM UTC
The USDCHF pair approached our waited target at 0.8860 yesterday and bounced upwards strongly to breach 0.8923 level and settles above it, which pushes the price to achieve more intraday gains, on its way to visit 0.8975 initially.
Therefore, the bullish bias will be expected for today, noting that breaching the suggested target will push the price to 0.9025 as a next positive station, while breaking 0.8923 represents negative factor that will press on the price to resume the main bearish trend again.
The expected trading range for today is between 0.8860 support and 0.9000 resistance.
The expected trend for today: Bullish
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