The USD/CHF needs a positive motive – Analysis – 23/12/2020

forex-news-usd_dollarThe USDCHF pair touched 0.8900 level again and returns to decline now, waiting to get strong positive motive that assists to push the price to achieve more rise, to head towards 0.8970 that represents our main positive target.

Until now, the intraday bullish trend scenario still suggested for the upcoming period unless we witnessed clear break and hold below 0.8825.

The expected trading range for today is between 0.8825 support and 0.8950 resistance.

The expected trend for today: Bullish

Origin: Economies

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