The USDCHF achieves clear gains – Analysis - 25-02-2022

Economies.com
2022-02-25 04:30AM UTC

The USDCHF pair traded with strong positivity yesterday to breach 0.9200 and touch 0.9265 direct, but we notice that the price couldn’t manage to confirm breaching this level, to trade negatively now, on its way to test 0.9200 initially, and we expect to break this level to open the way to visit 0.9135 as a next negative target.

 

Therefore, we expect to witness negative trades today unless breaching 0.9265 and holding above it.

 

The expected trading range for today is between 0.9150 support and 0.9270 resistance.

 

The expected trend for today: Bearish

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