The USD/CHF finds solid support – Analysis – 19/07/2022

usd_newsThe USDCHF pair found solid support at 0.9730 that forced it to rebound bullishly, to hint heading to resume the main bullish trend, on its way to test 0.9860 initially.

Therefore, the bullish bias will be suggested for today, taking into consideration that breaking 0.9730 will put the price under additional negative pressure that its next target reaches 0.9630.

The expected trading range for today is between 0.9730 support and 0.9860 resistance.

The expected trend for today: Bullish

Origin: Economies

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