The USDCHF exits the bullish channel – Analysis - 10-03-2021
Economies.com
2021-03-10 05:17AM UTC
The USDCHF pair faced negative pressure yesterday to break the bullish channel’s support line and settles below it, which push the price to achieve more expected decline in the upcoming sessions, on its way to visit 0.9255 initially, noting that breaking this level will push the price to 0.9185 as a next target.
Note that the continuation of the bearish wave requires holding below 0.9335, as breaching it will lead the price to return to the bullish track again.
The expected trading range for today is between 0.9240 support and 0.9335 resistance.
The expected trend for today: Bearish
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