The USD/CHF achieves more gains – Analysis – 03/05/2022

usd_newsThe USDCHF pair keeps rising to reach the thresholds of the waited positive target at 0.9800, getting continuous positive support by the EMA50, which supports the chances of achieving more expected gains in the upcoming period, noting that the next targets reaches 0.9845 – 0.9865 levels.

Therefore, our bullish overview will remain valid unless breaking 0.9715 and holding below it.

The expected trading range for today is between 0.9730 support and 0.9840 resistance.

The expected trend for today: Bullish

Origin: Economies

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