Forex

The USDCHF rises calmly – Analysis - 21-09-2020

2020-09-21 03:57:46 GMT (Economies.com)

The USDCHF pair leaned on the intraday bullish trend line and begins rising again, to surpass the EMA50 and settles above it, which supports the continuation of the expected bullish trend scenario for the upcoming period, which its next target located at 0.9192.

 

We should note that the continuation of the bullish wave requires holding above 0.9050.

 

The expected trading range for today is between 0.9055 support and 0.9160 resistance.

 

The expected trend for today: Bullish

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