The USDCHF within sideways track – Analysis - 14-12-2021
Economies.com
2021-12-14 05:09AM UTC
The USDCHF pair fluctuates within sideways track between 0.9200 support and 0.9265 resistance, and we expect to break this support to head towards 0.9140 as a next negative station, supported by the negative pressure formed by the EMA50, taking into consideration that breaching 0.9265 will stop the expected decline and lead the price to start new recovery attempts.
The expected trading range for today is between 0.9170 support and 0.9265 resistance.
The expected trend for today: Bearish
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