The USDCHF surpasses the resistance – Analysis - 07-06-2022
The USDCHF pair rallied upwards strongly to breach 0.9630 level and reach 0.9730 direct, to hint heading to regain the main bullish trend again, noting that breaching the last level will extend the bullish wave to reach 0.9860 as a next station.
Therefore, the bullish bias will remain suggested for the upcoming period, noting that failing to breach 0.9730 will put the price uner the negative pressure again.
The expected trading range for today is between 0.9670 support and 0.9780 resistance.
The expected trend for today: Bullish