The USD/CHF hits the first target – Analysis – 11/01/2022

usd_newsThe USDCHF pair succeeded to achieve our first waited target at 0.9265 and attempts to confirm breaching it, reinforcing the chances of extending the bullish wave to target 0.9340 as a next main station.

Therefore, we are waiting for more rise in the upcoming sessions, noting that failing to surpass 0.9265 might push the price to test 0.9200 again before any new attempt to rise.

The expected trading range for today is between 0.9210 support and 0.9330 resistance.

The expected trend for today: Bullish

Origin: Economies

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