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The USDCHF keeps its negative stability – Analysis - 24-06-2022

2022-06-24 04:36:53 GMT (Economies.com)
The USDCHF keeps its negative stability – Analysis - 24-06-2022
 

The USDCHF pair provided clear positive trades yesterday to attack 0.9630 level, but it closed the daily candlestick below this level, which keeps the bearish trend scenario valid on the intraday and short term basis, supported by the negative pressure formed by the EMA50, waiting to resume the negative trades that target 0.9525 as a next main station.

 

The expected trading range for today is between 0.9550 support and 0.9660 resistance.

 

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The expected trend for today: Bearish

 
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Midday update for the EURUSD 01-07-2022
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