The USDCHF resumes the decline – Analysis - 22-07-2022

2022-07-22 04:10:32 GMT (Economies.com)
 

The USDCHF pair bounced bearishly after testing 0.9730 in the previous sessions, to support the continuation of the expected bearish trend on the intraday basis, which targets testing 0.9630 as a next station.

 

Note that breaking the mentioned level will extend the bearish wave to reach 0.9530, while breaching 0.9730 will stop the suggested negative scenario and push the price to achieve new gains.

 

The expected trading range for today is between 0.9610 support and 0.9730 resistance.

 

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The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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