Forex

The USDCHF heads towards the target – Analysis - 22-09-2020

2020-09-22 04:07:01 GMT (Economies.com)

The USDCHF pair provided positive trades yesterday to crawl gradually towards our waited target at 0.9192, waiting for more rise in the upcoming sessions supported by the EMA50 that carries the price from below, noting that stochastic current negativity interprets the reasons of the slow bullish wave.

 

In general, the bullish bias will remain suggested on the intraday basis unless breaking 0.9075 followed by 0.9040 levels and holding below them.

 

The expected trading range for today is between 0.9100 support and 0.9200 resistance.

 

The expected trend for today: Bullish

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