The USDCHF touches the first target – Analysis - 26-03-2020
Economies.com
2020-03-26 05:57AM UTC
The USDCHF pair managed to touch our first waited target at 0.9730 and presses negatively on it, and we believe that the chances valid to break this level and open the way to achieve more bearish correction, supported by the price move inside the bearish channel that appears on the chart, as the next target located at 0.9626.
Therefore, the bearish bias will remain expected on the intraday basis, noting that the continuation of the expected decline depends on the price stability below 0.9805.
The expected trading range for today is between 0.9630 support and 0.9800 resistance.
The expected trend for today: Bearish
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