The USDCHF under the negative pressure – Analysis - 22-09-2021
Economies.com
2021-09-22 04:25AM UTC
The USDCHF pair faced strong negative pressure yesterday to break 0.9265 and settles below it, to face contradicted factors that makes us prefer staying neutral until we get clearer signal for the next trend.
Note that breaching 0.9265 will reactivate the positive scenario that its next target located at 0.9345, while continuing the decline and breaking 0.9200 will press on the price to turn to decline, to head towards 0.9140 initially.
The expected trading range for today is between 0.9200 support and 0.9300 resistance.
The expected trend for today: Neutral
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