The USDCHF keeps its negative stability – Analysis - 06-06-2022
7 months ago

The USDCHF pair fluctuates around 0.9630 level and keeps its stability below it, accompanied by witnessing clear negative signals through stochastic, while the EMA50 meets the mentioned resistance to add more strength to it.


Therefore, we believe that the chances valid to resume the negative trades that target 0.9530 as a next station, reminding you that it is important to hold below 0.9630 to continue the expected decline.


The expected trading range for today is between 0.9550 support and 0.9650 resistance.


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The expected trend for today: Bearish

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