The USD/CHF attempts to recover – Analysis – 04/02/2020

usd_newsThe USDCHF pair shows some bullish bias affected by stochastic positivity, but as long as the price is below 0.9712, our bearish overview will remain valid, supported by the negative pressure formed by the EMA50, waiting to head towards 0.9588 as a next main target.

The expected trading range for today is between 0.9590 support and 0.9700 resistance.

The expected trend for today: Bearish

Origin: Economies

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