The USDCHF within sideways track – Analysis - 11-09-2023
Economies.com
2023-09-11 04:12AM UTC
The USDCHF pair trades within sideways track in the previous sessions, affected by stochastic negativity to show some bearish bias now, while the EMA50 continues to provide the positive support to the price, to continue suggesting the bullish trend for the upcoming period, which targets 0.8995 mainly.
Holding above 0.8890 represents major condition to continue the expected rise, as breaking it will force the price to decline and head to visit 0.8825 as a main negative target.
The expected trading range for today is between 0.8850 support and 0.8990 resistance.
The expected trend for today: Bullish
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