The USDCHF tests the support base – Analysis - 07-10-2021

2021-10-07 04:21:56 GMT (Economies.com)
 

The USDCHF pair tested 0.9265 level and keeps its stability above it, accompanied by stochastic reach to the oversold areas, to form positive motive that we are waiting to assist to push the price to resume the positive trades, waiting to visit 0.9345 level mainly.

 

Therefore, the bullish trend scenario will remain valid and active for the upcoming period conditioned by the price stability above 0.9240.

 

The expected trading range for today is between 0.9240 support and 0.9345 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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