The USDCHF attempts to recover – Analysis - 08-03-2022
Economies.com
2022-03-08 04:32AM UTC
The USDCHF pair traded with clear positivity yesterday to breach 0.9200 level and touch the key resistance at 0.9265, to move within sideways track between this resistance and 0.9160 support, to suggest the sideways trades until the price manages to breach one of these levels to detect its next destination clearly.
Note that breaching the resistance will push the price to achieve additional gains that reach 0.9345, while breaking the support will press on the price to resume the bearish track that its next main target reaches 0.9060.
The expected trading range for today is between 0.9190 support and 0.9320 resistance.
The expected trend for today: Sideways
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