The USD/CHF faces solid resistance – Analysis – 20/08/2021

forex-news-usd_dollarThe USDCHF pair found difficulty to surpass 0.9200 level, to show some temporary bearish bias now, and it might lean on 0.9135 before turning back to rise again.

In general, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.9135, reminding you that our main waited targets begin at 0.9265 and extend to 0.9345.

The expected trading range for today is between 0.9130 support and 0.9240 resistance.

The expected trend for today: Bullish

Origin: Economies

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