The USDCHF touches the target – Analysis - 03-03-2021
Economies.com
2021-03-03 05:12AM UTC
The USDCHF pair succeeded to touch our first suggested positive target at 0.9190 and bounced bearishly from there, noticing that the price begins today with new bullish bias supported by stochastic positivity, waiting to surpass the mentioned level to confirm opening the way to head towards 0.9295 as a next target.
Therefore, we will keep our bullish overview for the upcoming period, noting that breaking 0.9135 will put the price under negative pressure that targets testing 0.9090 areas before any new attempt to rise.
The expected trading range for today is between 0.9100 support and 0.9230 resistance.
The expected trend for today: Bullish
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