The USD/CHF confirms the breach – Analysis – 29/09/2021

news_usdThe USDCHF pair managed to confirm breaching 0.9265 level to build support base above it, reinforcing the expectations of continuing the bullish trend, which targets 0.9345 as a next main station.

The EMA50 continues to support the suggested bullish wave, noting that breaking 0.9265 might press on the price to test 0.9200 areas before any new attempt to rise.

The expected trading range for today is between 0.9250 support and 0.9350 resistance.

The expected trend for today: Bullish

Origin: Economies

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