The USD/CHF surpasses the first target – Analysis – 17/09/2021

forex-news-usd_dollarThe USDCHF pair rallied upwards strongly yesterday to succeed achieving our first waited target at 0.9265 and breached it to settle above it, reinforcing the chances of achieving more gains in the upcoming period, which targets 0.9345 as a next main station.

Holding above 0.9200 is important to continue the expected rise, noting that consolidating above 0.9265 will lead the price to achieve more rise on the short term and medium term basis.

The expected trading range for today is between 0.9220 support and 0.9330 resistance.

The expected trend for today: Bullish

Origin: Economies

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