The USDCHF surpasses the target – Analysis 21-09-2023

DOLLAR5The USDCHF pair succeeded to achieve our first waited target at 0.8995, starting today with additional rise to surpass this level and attempts to hold above it, reinforcing the expectations of continuing the domination of the bullish trend and achieve additional positive targets that reach 0.9050 followed by 0.9100.

Therefore, we are waiting for more rise in the upcoming sessions, noting that breaking 0.8995 followed by 0.8950 levels will stop the positive scenario and push the price to turn to decline.

The expected trading range for today is between 0.8950 support and 0.9080 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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