The USDCHF settles below the support – Analysis - 09-04-2020
Economies.com
2020-04-09 04:31AM UTC
The USDCHF pair settles below 0.9730, to fall under expected negative pressure in the upcoming sessions, and we expect to head towards 0.9626 as a main target.
Therefore, the bearish bias will be suggested for today, noting that breaching 0.9730 and holding above it will reactivate the bullish trend scenario that its targets begin at 0.9800 and extend to 0.9900.
The expected trading range for today is between 0.9626 support and 0.9800 resistance.
The expected trend for today: Bearish
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