The USDCHF tests the support base – Analysis 28-08-2023

dl-1The USDCHF pair shows some bearish bias to test the key support 0.8825, accompanied by stochastic gain to the positive momentum clearly, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 0.8890 as a next station.

The EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 0.8825.

The expected trading range for today is between 0.8780 support and 0.8910 resistance.

The expected trend for today: Bullish

Origin: Economies

 

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply