The USDCHF faces negative pressure – Analysis - 14-02-2022
Economies.com
2022-02-14 05:28AM UTC
The USDCHF pair couldn’t manage to hold for long time above 0.9265 level, to trade below it now, which makes us prefer to stay neutral until we get clearer signal for the next trend, through breaching 0.9265 resistance or breaking 0.9200 support.
Note that breaching the mentioned resistance will push the price to 0.9345 direct, while breaking the support will put the price under new negative pressure that targets testing 0.9135 areas on the near term basis.
The expected trading range for today is between 0.9200 support and 0.9320 resistance.
The expected trend for today: Neutral
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