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The USDCHF loses momentum – Analysis - 18-08-2021
The USDCHF pair fluctuates around 0.9135 level, and closed yesterday below it, to keep the bearish trend active for the upcoming period, supported by stochastic loss to the positive momentum, waiting to visit 0.9060 as a first target.
We remind you that the continuation of the suggested bearish wave depends on the price stability below 0.9135.
The expected trading range for today is between 0.9060 support and 0.9180 resistance.
The expected trend for today: Bearish
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