The USDCHF begins positively – Analysis - 06-12-2021
Economies.com
2021-12-06 05:07AM UTC
The USDCHF pair opens today’s trading with clear positivity to test 0.9200 level, but it faces continuous negative pressure coming by the EMA50, to continue suggesting the bearish trend on the intraday basis, which targets testing 0.9140 level as a next station.
In general, the bearish trend scenario will remain valid and active unless the price rallied to breach 0.9265 and hold above it.
The expected trading range for today is between 0.9140 support and 0.9250 resistance.
The expected trend for today: Bearish
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