The EURCHF prepares to resume the decline – Analysis – 1-7-2022

Economies.com
2022-07-01 06:51AM UTC

The EURCHF pair continued to form negative trades due to the frequent stability within the bearish channel, to record new negative level by reaching 0.9945 level, expecting to form additional barrier at 1.0010 and get negative momentum by stochastic to form new negative attack to attempt to reach 0.9930 followed by reaching the bearish channel’s support line at 0.9825.

 

The expected trading range for today is between 1.0010 and 0.9930

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The expected trend for today: Bearish

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