The USDCHF heads towards the negative target – Analysis - 28-07-2022

Economies.com
10 months ago

The USDCHF pair resumed its negative trading clearly yesterday after the positive attempt that it witnessed in the previous sessions, to open the way to head towards our waited target at 0.9530, noting that breaking this level will cause additional losses that reach 0.9400.

 

Therefore, we will continue to sugges the bearish trend conditioned by the price stability below 0.9630.

 

The expected trading range for today is between 0.9500 support and 0.9620 resistance.

 

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The expected trend for today: Bearish

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