The USDCHF attacks the resistance – Analysis - 23-07-2019

Economies.com
2019-07-23 05:07AM UTC

The USDCHF pair shows positive trading now to attempt to breach 0.9836, which urges caution from the upcoming trading, as confirming the breach by settling with a daily close above the mentioned level will push the price to achieve intraday gains that begin at 0.9890 before any new attempt to decline.

 

Until now, we will continue to suggest the bearish trend conditioned by the price stability below 0.9836, reminding you that our next main target reaches 0.9712.

 

The expected trading range for today is between 0.9760 support and 0.9870 resistance.

The expected trend for today: Bearish

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