The USDCHF hits the new target – Analysis 28-09-2023

Dollar1The USDCHF pair managed to touch our waited target at 0.9220 and settles around it, expecting the continuation of the bullish bias within the bullish channel that appears on the chart to achieve additional positive targets that reach 0.9300.

Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, noting that surpassing the targeted level will extend the bullish wave to reach 0.9380, while holding above 0.9155 represents key condition to achieve the waited targets.

The expected trading range for today is between 0.9160 support and 0.9300 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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