The USD/CHF faces temporary negative pressure – Analysis – 10/01/2022

rub-l11The USDCHF pair faced clear negative pressure in the previous sessions to attack 0.9200 level, but it begins today positively to attempt to step above it again, motivate by stochastic positivity, which keeps the chances valid to continue the intraday bullish trend, which targets 0.9265 as a first station.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.9200 and holding below it.

The expected trading range for today is between 0.9170 support and 0.9260 resistance.

The expected trend for today: Bullish

Origin: Economies

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