The USD/CHF resumes the rise – Analysis — 11/07/2022
The USDCHF pair provided clear positive trades to move away from 0.9730 level, reinforcing the expectations of continuing the bullish trend, and the way is open to achieve our main waited target at 0.9860.
The EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 0.9730.
The expected trading range for today is between 0.9730 support and 0.9850 resistance.
The expected trend for today: Bullish