The USD/CHF hits the first target – Analysis – 14/07/2021

forex-news-usd_dollarThe USDCHF pair succeeded to touch our first waited target at 0.9200, showing some slight bearish bias affected by stochastic negativity, waiting to resume the rise and surpass the mentioned level to achieve additional gains that reach 0.9265.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.9135 and holding below it.

The expected trading range for today is between 0.9140 support and 0.9240 resistance.

The expected trend for today: Bullish

Origin: Economies

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