The USDCHF keeps its negative stability – Analysis - 21-01-2020

Economies.com
2020-01-21 05:40AM UTC

The USDCHF pair keeps its stability below 0.9712 level, and begins to provide slight negative trades that hint the price head to resume the expected bearish trend on the intraday basis, to continue suggesting the bearish bias for the upcoming period, which targets testing 0.9588 level mainly, reminding you that breaching 0.9712 will stop the expected decline and leads the price to start recovery attempts that target 0.9836 initially.

 

The expected trading range for today is between 0.9600 support and 0.9720 resistance.

The expected trend for today: Bearish

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