The USDCHF tests the key support – Analysis - 23-03-2022

Economies.com
2022-03-23 04:24AM UTC

The USDCHF pair faced negative pressure to break 0.9345 and test the intraday bullish trend line, accompanied by witnessing clear positivity signals through stochastic, waiting to motivate the price to resume the expected bullish trend in the upcoming period, which targets 0.9470 areas mainly.

 

Breaching 0.9345 is required to reinforce the positive overview, noting that breaking 0.9300 will stop the suggested rise and press on the price to turn to decline.

 

The expected trading range for today is between 0.9290 support and 0.9400 resistance.

 

The expected trend for today: Bullish

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