The USD/CHF awaits the breach – Analysis – 02/07/2021

Dollar1The USDCHF pair hovers around 0.9265 level, waiting to breach this level to confirm the continuation of the bullish wave on the intraday and short term basis, as our next target reaches 0.9315.

The EMA50 continues to support the expected bullish wave, to keep our positive overview conditioned by the price stability above 0.9240 and the most important above 0.9200.

The expected trading range for today is between 0.9210 support and 0.9310 resistance.

The expected trend for today: Bullish

Origin: Economies

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