The USDCHF touches the target – Analysis - 13-07-2022
Economies.com
2022-07-13 04:06AM UTC
The USDCHF pair succeeded to achieve our waited target at 0.9860 and found solid resistance there, to show some temporary bearish bias, noticing that stochastic got rid of its negative momentum to approach the oversold areas, waiting to resume the bullish wave and surpass the mentioned level to open the way to head towards our next main target at 0.9970.
Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 0.9795.
The expected trading range for today is between 0.9760 support and 0.9900 resistance.
The expected trend for today: Bullish
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