The USDCHF presses on the support – Analysis - 17-03-2023

Economies.com
2023-03-17 04:17AM UTC

The USDCHF pair provided clear negative trades yesterday, and begins today with new decline to attempt to break 0.9260 level again, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, reminding you that our waited targets begin at 0.9150 and extend to 0.9060.

 

Stochastic provides negative signals that support the continuation of the expected decline, reminding you that the continuation of the bearish wave depends on the price stability below 0.9316.

 

The expected trading range for today is between 0.9190 support and 0.9330 resistance.

 

The expected trend for today: Bearish

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