The USDCHF declines calmly – Analysis - 29-12-2021

Economies.com
2021-12-29 04:49AM UTC

The USDCHF pair fluctuates with calm negativity to crawl gradually towards our first waited target at 0.9140, waiting for more decline to surpass this level and open the way to head towards 0.9060.

 

Therefore, the bearish trend scenario will remain valid and active for the upcoming period conditioned by the price stability below 0.9200.

 

Advertistment

The expected trading range for today is between 0.9120 support and 0.9200 resistance.

 

The expected trend for today: Bearish

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