The USDCHF under the negative pressure – Analysis - 09-07-2021
Economies.com
2021-07-09 04:39AM UTC
The USDCHF pair broke 0.9200 level strongly and declined to touch 0.9135 level, which forms key support line to the intraday trades, as we expect to start new bullish wave now, waiting to surpass 0.9200 to open the way to visit 0.9265 as a first target.
Therefore, the bullish bias will be expected for today unless breaking 0.9135 and holding below it, as breaking this level will cause key turn to the trend to the downside.
The expected trading range for today is between 0.9110 support and 0.9310 resistance.
The expected trend for today: Bullish
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