The USDCHF achieves intraday gains – Analysis - 22-03-2021

Economies.com
2021-03-22 05:02AM UTC

The USDCHF pair provided additional positive trades to test the most important resistance at 0.9318, noticing that the price keeps its stability below this level until now, which keeps the bearish trend scenario valid for the upcoming period, which its targets begin at 0.9256 and extend to 0.9180.

 

Note that breacing 0.9318 will push the price to resume the main bullish trend and achieve new gains that reach 0.9400.

 

The expected trading range for today is between 0.9220 support and 0.9320 resistance.

 

The expected trend for today: Bearish

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