The USDCHF declines again – Analysis - 01-02-2023
Economies.com
2023-02-01 05:02AM UTC
The USDCHF pair couldn’t hold for long time above 0.9240 level, to trade with strong negativity and reach 0.9160 level now, which puts the price under expected additional negative pressure in the upcoming period, targeting visiting the recently recorded low at 0.9085 as a next negative station.
Therefore, the bearish bias will be expected for today unless breaching 0.9240 and holding above it.
The expected trading range for today is between 0.9085 support and 0.9210 resistance.
The expected trend for today: Bearish
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