The USDCHF breaks the support – Analysis - 09-12-2022

Economies.com
2022-12-09 04:39AM UTC

The USDCHF pair began today’s trading with a clear negativity to break 0.9355 level and attempts to settle below it, to activate the negative scenario in the upcoming sessions, easing the way towards achieving negative targets that begin at 0.9300 and extend to 0.9240.

 

Therefore, the bearish bias will be preferred for today unless breaching 0.9355 level and holding above it.

 

The expected trading range for today is between 0.9260 support and 0.9490 resistance.

 

The expected trend for today: Bearish

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