The USD/CHF is recovering – Analysis – 23/09/2021

forex-news-usd_dollarThe USDCHF pair traded with clear positivity yesterday to breach 0.9265 and attempts to hold above it now, to reactivate the bullish trend scenario that targets 0.9345 as a first station, supported by the EMA50 that carries the price from below.

Therefore, we expect to witness more bullish bias on the intraday basis conditioned by the price stability above 0.9265.

The expected trading range for today is between 0.9220 support and 0.9320 resistance.

The expected trend for today: Bullish

Origin: Economies

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