The USDCHF tests the first resistance – Analysis - 07-03-2022
Economies.com
2022-03-07 04:17AM UTC
The USDCHF pair returns to test 0.9200 level, settling around it now, and the EMA50 meets this resistance to add more strength to it, waiting to resume the negative trades that target 0.9135 level mainly.
In general, the bearish trend scenario will remain valid and active unless the price rallied to breach 0.9265 and hold above it.
The expected trading range for today is between 0.9135 support and 0.9250 resistance.
The expected trend for today: Bearish
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