The USDCHF approaches the first target – Analysis - 16-03-2021
Economies.com
2021-03-16 05:10AM UTC
The USDCHF pair resumes its negative trading to approach our first target at 0.9256, waiting to break this level to confirm extending the bearish wave towards 0.9185, to keep the bearish trend scenario valid and active for today.
The EMA50 supports the expected decline, which will remain valid unless breaching 0.9320 and holding above it.
The expected trading range for today is between 0.9200 support and 0.9300 resistance.
The expected trend for today: Bearish
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