The USD/CHF awaits more gains – Analysis – 01/04/2021

rub-l11The USDCHF pair shows new positive trades to reinforce the expectations of continuing the main bullish trend, as it continues to move inside the bullish channels that appear on the chart, and we believe that the way is open to achieve our main waited target at 0.9494.

The EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 0.9415.

The expected trading range for today is between 0.9415 support and 0.9500 resistance.

The expected trend for today: Bullish

Origin: Economies

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