The USDCHF loses momentum – Analysis - 19-01-2022

Economies.com
1 year ago

The USDCHF pair continues to fluctuate around the EMA50, noticing that stochastic loses its positive momentm clearly, waiting to resume the negative trading that its targets begin by breaking 0.9135 to open the way to visit 0.9060 as a next negative target, noting that holding below 0.9200 is important to continue the expected decline.

 

The expected trading range for today is between 0.9100 support and 0.9200 resistance.

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The expected trend for today: Bearish

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