The USDCHF faces solid support – Analysis - 18-02-2022

Economies.com
2022-02-18 05:34AM UTC

The USDCHF pair attempted to break 0.9200 level but it kept its stability above it, to keep the price stuck between the key levels represented by the mentioned support and 0.9265 resistance, thus, our neutrality still valid until now.

 

We remind you that breaking the mentioned support will press on the price to head towards 0.9135 as a next negative target, while breaching the resistance will push the price to achieve additional gains that target testing 0.9345 level initially.

 

The expected trading range for today is between 0.9160 support and 0.9370 resistance.

 

The expected trend for today: Neutral

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