The USD/CHF approaches the target – Analysis – 15/01/2021

forex-news-usd_dollarThe USDCHF pair rose well yesterday and approached 0.8923 level, noticing that the price returned to test the key support base 0.8860 and kept its stability above it, to keep the bullish trend scenario active for the upcoming period, waiting to surpass 0.8923 to confirm extending the correctional bullish wave towards 0.8975.

In general, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.8860.

The expected trading range for today is between 0.8840 support and 0.8970 resistance.

The expected trend for today: Bullish

Origin: Economies

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