The USDCHF attempts to recover – Analysis - 22-04-2021

Economies.com
2021-04-22 00:44AM UTC

The USDCHF pair provided temporary positive trades and return to decline again, which keeps the bearish trend scenario valid and active for the upcoming period, which its next main target located at 0.9100.

 

Note that breaking the mentioned level will extend the bearish wave to reach 0.8990 as a next main station, while the expected decline will remain valid unless breaching 0.9250 and holding above it.

 

The expected trading range for today is between 0.9100 support and 0.9200 resistance.

 

The expected trend for today: Bearish

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