The USD/CHF is recovering – Analysis – 26/10/2021

usd_newsThe USDCHF pair bounced upwards clearly after approaching the waited target at 0.9140, to breach 0.9200 level and settle above it now, which leads the price to achieve more expected rise on the intraday basis, targeting testing 0.9265 mainly.

Therefore, the bullish bias will be suggested for today unless breaking 0.9200 and holding above it again.

The expected trading range for today is between 0.9150 support and 0.9265 resistance.

The expected trend for today: Bullish

Origin: Economies

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