The USD/CHF tests the key support – Analysis – 28/07/2021

chf_forexThe USDCHF pair achieved additional decline to test 0.9135 and keeps its stability above it until now, waiting to resume the bullish wave that targets testing 0.9200 initially.

Therefore, the positive scenario will remain valid for today, noting that breaking 0.9135 will turn the intraday track to decline and head towards 0.9060 as a first negative station.

The expected trading range for today is between 0.9100 support and 0.9200 resistance.

The expected trend for today: Bullish

Origin: Economies

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