The USDCHF achieves clear gains – Analysis - 04-01-2022

Economies.com
2022-01-04 05:18AM UTC

The USDCHF pair traded with strong positivity yesterday to test 0.9200 level, and begins to provide bearish rebound signals now, which supports the chances of resuming the expected bearish trend on the intraday basis, waiting to break 0.9140 to confirm opening the way to visit 0.9060 as a next negative target, noting that holding below 0.9200 is important to continue the expected decline.

 

The expected trading range for today is between 0.9120 support and 0.9220 resistance.

 

The expected trend for today: Bearish

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