The USDCHF breaks the support – Analysis - 20-07-2022

2022-07-20 04:14:02 GMT (Economies.com)
 

The USDCHF pair broke 0.9730 level strongly to turn to decline again, on its way to visit 0.9630 as a first target, noting that breaking this level will extend the bearish wave to reach 0.9525 as a next negative station.

 

Therefore, we expect to witness more decline in the upcoming sessions unless breaching 0.9730 and hold above it again.

 

The expected trading range for today is between 0.9600 support and 0.9730 resistance.

 

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The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0265
0.0067
0.6597%
1.2139
0.0022
0.1816%
20.583
0.219
1.075%
92.262
3.784
4.277%
97.88
-1.74
1.75%
1796.970
15.295
0.859%
 
 
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