The USD/CHF resumes the rise – Analysis – 22/02/2021

usd_chf_forex_1The USDCHF pair resumes its positive trading to start attempts to breach 0.8975 level, reinforcing the expectations of continuing the bullish trend, which its next target located at 0.9025.

The EMA50 supports the price from below to reinforce the positive overview, which will remain valid unless breaking 0.8923 level and holding below it.

The expected trading range for today is between 0.8923 support and 0.9030 resistance.

The expected trend for today: Bullish

Origin: Economies

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