The USDCHF heads to recover – Analysis - 14-01-2021
Economies.com
2021-01-14 04:54AM UTC
The USDCHF pair faces solid support at 0.8860 level and finds difficulty to break it, to start providing positive trades and hint heading to return to the correctional bullish track, on its way to test 0.8923 again.
Therefore, the bullish bias will be expected for today, supported by the EMA50 that carries the price from below, noting that breaking 0.8860 will stop the suggested rise and press on the price to resume the main bearish trend again.
The expected trading range for today is between 0.8820 support and 0.8950 resistance.
The expected trend for today: Bullish
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