The USDCHF gets a negative close – Analysis - 01-08-2022

2022-08-01 04:19:25 GMT (Economies.com)
 

The USDCHF pair managed to close the daily candlestick below 0.9530, which supports the continuation of the expected bearish trend efficiently for the upcoming period, paving the way to head towards our next negative target that extends to 0.9400.

 

The EMA50 keeps supporting the suggested bearish wave, which will remain valid conditioned by the price stability below 0.9530.

 

The expected trading range for today is between 0.9440 support and 0.9560 resistance.

 

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The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
0.9686
0.0031
0.3190%
1.0811
-0.0009
0.0864%
18.840
-0.018
0.098%
82.356
3.062
3.862%
89.32
3.00
3.48%
1656.530
11.170
0.679%
 
 
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