The USD/CHF is recovering – Analysis – 19/08/2021

forex-news-usd_dollarThe USDCHF pair rallied upwards clearly yesterday to breach 0.9135 level and heads to rise again, as it test 0.9200 level, noting that breaching this level will confirm heaing to achieve additional gains that reach 0.9265 followed by 0.9345.

Therefore, the bullish bias will be expected for the upcoming period unless breaking 0.9135 and holding below it.

The expected trading range for today is between 0.9150 support and 0.9265 resistance.

The expected trend for today: Bullish

Origin: Economies

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