The USD/CHF retests the breached resistance – Analysis – 21/09/2021

usd_chf_forex_1The USDCHF pair declined clearly yesterday to retest 0.9265 that turns into key support after breaching it previously, accompanied by witnessing clear oversold signals through stochastic, waiting to motivate the price to resume the positive trades that target visiting 0.9345 initially.

Therefore, the bullish trend scenario will remain valid unless breaking 0.9265 and holding below it.

The expected trading range for today is between 0.9230 support and 0.9330 resistance.

The expected trend for today: Bullish

Origin: Economies

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