The USD/CHF tests the support – Analysis – 27/01/2021

forex-news-usd_dollarThe USDCHF pair provided negative trades yesterday to test the key support 0.8860, accompanied by witnessing positive signals through stochastic, waiting to motivate the price to resume the expected bullish trend on the intraday basis, which its targets begin by testing 0.8923.

Therefore, 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 0.8830 support and 0.8925 resistance.

The expected trend for today: Bullish

Origin: Economies

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