The USDCHF within positive pattern – Analysis - 31-01-2022

Economies.com
2022-01-31 04:48AM UTC

The USDCHF pair’s recent trades are confined within bullish flag pattern that appears on the chart, thus, breaching 0.9325 will provide good positive motive that assist to push the price to continue the bullish trend, which its next target located at 0.9400.

 

Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 0.9265.

 

The expected trading range for today is between 0.9265 support and 0.9380 resistance.

 

The expected trend for today: Bullish

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