The USDCHF keeps declining – Analysis - 14-01-2022

Economies.com
1 year ago

The USDCHF pair broke 0.9135 level clearly to confirm extending the bearish wave on the intraday basis, and the way is open to achieve our next negative target at 0.9060.

 

Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that holding below 0.9135 represents initial condition to continue the expected decline.

 

Advertistment

The expected trading range for today is between 0.9040 support and 0.9150 resistance.

 

The expected trend for today: Bearish

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