The USD/CHF surpasses the resistance – Analysis – 04/10/2022

usd_newsThe USDCHF pair rallied upwards strongly yesterday to succeed breaching 0.9860 level and achieve our extended target at 0.9920, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, waiting for more rise to visit 1.0000 barrier as a next positive station.

Therefore, the positive scenario will remain suggested for the upcoming period conditioned by the price stability above 0.9860.

The expected trading range for today is between 0.9860 support and 1.0000 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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