The USDCHF awaits more decline – Analysis - 20-01-2023

Economies.com
2023-01-20 04:12AM UTC

The USDCHF pair fluctuates around 0.9160 since yesterday, falling under continuous negative pressure coming by the EMA50, waiting to motivate the price to resume the bearish wave that its next main target located at 0.9020.

 

Therefore, our bearish overview will remain active conditioned by the price stability below 0.9215 and 0.9260 levels.

 

The expected trading range for today is between 0.9080 support and 0.9215 resistance.

 

The expected trend for today: Bearish

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