The USD/CHF surpasses the psychological barrier – Analysis – 11/10/2022

usd_chf_forex_1The USDCHF pair keeps rallying bullishly to touch 1.0000 level and attempts to breach it now, which supports the continuation of the expected bullish trend on the intraday and short term basis, waiting to visit the previously recorded high at 1.0064 as a next main target.

The EMA50 carries the price from below and supports the positive overview, noting that it is important to hold above 0.9925 to continue the suggested rise.

The expected trading range for today is between 0.9950 support and 1.0090 resistance.

The expected trend for today: Bullish

Origin: Economies

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