The USDCHF keeps achieving the positive targets – Analysis 26-09-2023

usd_chf_forex_The USDCHF pair shows additional positive trades to reach the thresholds of the waited target at 0.9145, and we believe that the way is open to continue the rise and achieve new gains that reach 0.9220.

The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 0.9070, as breaking this level represents the key to start bearish correction on the intraday basis before any new attempt to rise.

The expected trading range for today is between 0.9070 support and 0.9210 resistance.

The expected trend for today: Bullish

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Origin: Economies

 

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