The USDCHF approaches the target – Analysis - 09-04-2021
Economies.com
2021-04-09 03:47AM UTC
The USDCHF pair continues to decline to gradually approach our waited target at 0.9210, falling under continuous negative pressure coming by the EMA50, to support the continuation of the expected bearish trend for the upcoming period, which its targets extend to 0.9100.
On the other hand, we should note that the continuation of the expected bearish trend conditions holding below 0.9345.
The expected trading range for today is between 0.9180 support and 0.9290 resistance.
The expected trend for today: Bearish
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