The USDCHF breaks the minor support – Analysis - 20-03-2023
Economies.com
2023-03-20 04:35AM UTC
The USDCHF pair continues to press on 0.9260 level and attempts to confirm breaking it, to support the continuation of the expected bearish bias on the intraday basis, which targets 0.9150 followed by 0.9060 levels as next main stations.
Stochastic begins to overlap negatively to add more support to the suggested negative scenario, noting that breaching 0.9316 will stop the expected bearish trend and lead the price to achieve new bullish correction that its next main target reaches 0.9475.
The expected trading range for today is between 0.9180 support and 0.9316 resistance.
The expected trend for today: Bearish
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