The USDCHF fails to breach – Analysis - 03-06-2022

Economies.com
7 months ago

The USDCHF pair couldn’t manage to confirm breaching 0.9630 level, to rebound bearishly and resume the correctional bearish track, on its way to test 0.9530 level, noting that breaking this level will extend the bearish wave to reach 0.9400 as a next main target.

 

Therefore, the bearish bias will be suggested unless breaching 0.9630 and holding above it.

 

The expected trading range for today is between 0.9510 support and 0.9620 resistance.

 

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The expected trend for today: Bearish

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