The USDCHF awaits the break – Analysis - 22-06-2022

Economies.com
2022-06-22 04:21AM UTC

The USDCHF pair continues to fluctuate inside the bearish pennant’s pattern, waiting to break 0.9630 to get negative motive that assist to push the price to head towards 0.9525 that represents our main negative target.

 

Therefore, our bearish overview will remain valid and active unless breaching 0.9730 and holding with a daily close above it.

 

The expected trading range for today is between 0.9600 support and 0.9700 resistance.

 

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The expected trend for today: Bearish

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