The USD/CHF achieves more gains – Analysis – 21/06/2021

rub-l11The USDCHF pair managed to achieve our waited target at 0.9200 and breached it to settle above it, opening the way to head towards our next station that reaches 0.9265, waiting for more expected rise in the upcoming sessions.

The EMA50 and stochastic provide positive signals that support the suggested bullish trend, which will remain valid unless breaking 0.9200 followed by 0.9135 levels and holding below them.

The expected trading range for today is between 0.9180 support and 0.9290 resistance.

The expected trend for today: Bullish

Origin: Economies

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