The USD/CHF faces solid resistance – Analysis – 11/04/2022

rub-l11The USDCHF pair shows new positive trades and attempts to breach 0.9345 level, to support the continuation of the bullish trend scenario on the intraday and short term basis, waiting to head towards 0.9400 as a next target.

Moving above the EMA50 supports the expected bullish trend, which will remain valid conditioned by the price stability above 0.9315.

The expected trading range for today is between 0.9315 support and 0.9400 resistance.

The expected trend for today: Bullish

Origin: Economies

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