The USDCHF breaks the support – Analysis - 14-10-2021
1 year ago

The USDCHF pair broke 0.9265 level strongly and closed the daily candlestick below it, to head towards achieving more expected decline in the upcoming sessions, on its way to visit 0.9200 initially.


Therefore, the bearish bias will be suggested for today, noting that breaching 0.9265 and holding above it again will reactivate the bullish trend scenario that its first target located at 0.9345.


The expected trading range for today is between 0.9180 support and 0.9265 resistance.


The expected trend for today: Bearish

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