The USDCHF presses on the support – Analysis - 25-07-2022
Economies.com
2022-07-25 03:51AM UTC
The USDCHF pair attempts to break 0.9630 level, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, waiting to head towards 0.9530 that represents our next negative target.
The EMA50 supports the expected decline, which will remain valid unless the price rallied to breach 0.9730 and hold above it.
The expected trading range for today is between 0.9560 support and 0.9690 resistance.
The expected trend for today: Bearish
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