The USDCHF declines calmly – Analysis - 27-07-2022

Economies.com
1 year ago

The USDCHF pair shows calm negative trades to move below 0.9630 level now, which supports the continuation of the expected bearish trend for the upcoming period, paving the way to head towards 0.9530 as a next main target.

 

The EMA50 continues to support the suggested bearish wave, which will remain valid as long as 0.9630 level remains intact.

 

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The expected trading range for today is between 0.9540 support and 0.9670 resistance.

 

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The expected trend for today: Bearish

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