The USD/CHF reaches the target – Analysis – 04/05/2022

forex-news-usd_dollarThe USDCHF pair resumed its positive trading to move at 0.9800 now, expecting the continuation of the bullish bias within the bullish channel that appears on the chart to head towards our next target that extends towards 0.9865.

The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 0.9750.

The expected trading range for today is between 0.9750 support and 0.9865 resistance.

The expected trend for today: Bullish

Origin: Economies

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