The USDCHF under the negative pressure – Analysis - 01-03-2022
Economies.com
2022-03-01 04:35AM UTC
The USDCHF pair traded with strong negativity yesterday to break 0.9265 followed by 0.9200 levels and settles below them, to fall under expected negative pressure in the upcoming sessions, targeting visiting 0.9135 as a next station.
Therefore, we suggest the continuation of the negative pressure domination in the upcoming sessions unless the price rallied to breach 0.9200 followed by 0.9265 levels and hold above them.
The expected trading range for today is between 0.9120 support and 0.9230 resistance.
The expected trend for today: Bearish
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