The USDCHF is stable – Analysis - 26-05-2022

Economies.com
2022-05-26 04:06AM UTC

The USDCHF pair keeps its stability below 0.9630 level, to keep the correctional bearish trend valid, organized inside the bearish channel that appears on the chart, waiting to visit 0.9525 as a next negative target.

 

Stochastic provides new negative signals that support the expected decline, which will remain valid conditioned by the price stability below 0.9630.

 

The expected trading range for today is between 0.9550 support and 0.9670 resistance.

 

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The expected trend for today: Bearish

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