The USD/CHF needs a strong positive motive – Analysis – 26/07/2021

rub-l12The USDCHF pair faces difficulty to confirm breaching 0.9200 level, to show new negative trades now, waiting to get positive motive that assist to push the price to breach 0.9200 – 0.9220 levels to confirm the continuation of the rise towards 0.9265 as a first positive station.

In general, 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 0.9150 support and 0.9250 resistance.

The expected trend for today: Bullish

Origin: Economies

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