The USDCHF attempts to recover – Analysis - 10-12-2021
Economies.com
2021-12-10 05:26AM UTC
The USDCHF pair provided clear positive trades yesterday to test the key resistance 0.9265, and begins to rebound bearishly from there, supported by stochastic negativity, which keeps the bearish trend scenario valid and active for the upcoming period, waiting to break 0.9200 to confirm opening the way to head towards 0.9140.
Therefore, the bearish trend will remain suggested on the intraday basis unless breaching 0.9265 and holding above it.
The expected trading range for today is between 0.9180 support and 0.9270 resistance.
The expected trend for today: Bearish
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