The USDCHF under the negative pressure – Analysis - 01-10-2021

2021-10-01 04:02:00 GMT (Economies.com)
 

The USDCHF pair couldn’t hold for long time above 0.9345, to trade negatively and head towards potential test to 0.9265 areas, making the bearish bias suggested in the upcoming sessions.

 

On the other hand, we should note that breaching 0.9345 and holding above it again will reactivate the bullish trend scenario that targets 0.9400 areas initially.

 

The expected trading range for today is between 0.9265 support and 0.9350 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0336
-0.0106
1.0142%
1.1994
-0.0054
0.4457%
21.222
-0.135
0.630%
78.420
3.991
5.362%
85.10
1.89
2.27%
1752.665
2.190
0.125%
 
 
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