The USDCHF awaits more decline – Analysis - 28-04-2021
Economies.com
2021-04-28 00:31AM UTC
The USDCHF pair shows more negative trades to attempt to approach our waited target at 0.9100, getting negative signals through stochastic and the EMA50, waiting for more decline to surpass the mentioned level and open the way to head towards 0.8990 as a next target.
Therefore, the bearish trend scenario will remain valid and suggested on the intraday and short term basis unless breaching 0.9200 and holding above it.
The expected trading range for today is between 0.9080 support and 0.9170 resistance.
The expected trend for today: Bearish
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