The USDCHF awaits confirmation signal – Analysis - 18-10-2021

Economies.com
2021-10-18 04:23AM UTC

The USDCHF pair fluctuates between the key levels represented by 0.9200 support and 0.9265 resistance, which represent the next trend keys, as the price needs to breach one of these levels to detect its next destination clearly, which makes us continue with our neutrality until now.

 

We remind you that breaking the support will put the price under additional negative pressure that targets 0.9140 as a next station, while breaching the resistance will lead the price to achieve new gains that reach 0.9345.

 

The expected trading range for today is between 0.9190 support and 0.9290 resistance.

 

The expected trend for today: Neutral

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