The USDCHF continues to rise – Analysis 15-09-2023

chf_forexThe USDCHF pair shows more bullish bias to gradually approach our waited target at 0.8995, moving within bullish channel that supports the chances of surpassing this level and achieve more gains on the intraday and short-term basis, which reach 0.9050 as a next main station.

Therefore, the bullish trend scenario will remain valid and active unless breaking 0.8890 and holding above it.

The expected trading range for today is between 0.8890 support and 0.9030 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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