The USDCHF keeps its negative stability – Analysis - 05-04-2022

Economies.com
2022-04-05 01:59AM UTC

The USDCHF pair continues to fluctuate at 0.9265 level and keeps its stability below it, to keep the bearish trend scenario active, supported by the negative pressure formed by the EMA50, besides the negative signals provided by stochastic, reminding you that we are waiting to visit 0.9200 as a first main target.

 

The expected trading range for today is between 0.9200 support and 0.9300 resistance.

 

The expected trend for today: Bearish

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