The USDCHF presses on the support – Analysis 31-08-2023

forex-news-usd_dollarThe USDCHF pair attempted to break 0.8775 level but it consolidated against the negative pressure, to keep the bullish trend scenario active until now, waiting to head towards 0.8825 that represents our next target.

We remind you that surpassing the targeted level will extend the bullish wave to reach 0.8890 areas, while the expected rise will remain valid as long as 0.8775 level remains intact.

The expected trading range for today is between 0.8730 support and 0.8860 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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