The USDCHF breaks the support – Analysis - 10-09-2021

Economies.com
2021-09-10 04:38AM UTC

The USDCHF pair broke 0.9200 level strongly and settled below, which stops yesterday’s suggested positive scenario and push the price back to the sideways track again, to move between the mentioned resistance and 0.9100 support, and the price needs to breach one of these levels to detect its next destination clearly.

 

Note that continuing the decline and breaking the mentioned support will press on the price to suffer intraday losses that reach 0.9060 followed by 0.9000, while breaching the resistance will lead the price to visit 0.9265 initially.

 

The expected trading range for today is between 0.9120 support and 0.9220 resistance.

 

The expected trend for today: Sideways

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