The USDCHF gets a negative signal – Analysis - 26-07-2022
Economies.com
2022-07-26 03:06AM UTC
The USDCHF pair continues to fluctuate around 0.9630 level, noticing that stochastic overlaps negatively now, waiting to motivate the price to break the mentioned level and open the way to rally towards our next negative station at 0.9530.
Therefore, we will continue to suggest the bearish trend for the upcoming period, taking into consideration that failing to achieve the required break will push the price to test 0.9730 areas before any new attempt to decline.
The expected trading range for today is between 0.9550 support and 0.9690 resistance.
The expected trend for today: Bearish
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