The USD/CHF awaits more rise – Analysis – 13/10/2022

forex-news-usd_dollarThe USDCHF pair continues to provide the positive trades, getting good positive support by the EMA50, to keep the bullish trend scenario active on the intraday and short term basis, waiting to test the previously recorded high at 1.0064.

Holding above 0.9920 is important to achieve the suggested targets, as breaking it will put the price under negative pressure that its targets begin by breaking 0.9860 and head towards achieving potential declines on the intraday basis.

The expected trading range for today is between 0.9930 support and 1.0064 resistance.

The expected trend for today: Bullish

Origin: Economies

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