The USD/CHF within tight track – Analysis – 20/05/2020

forex-news-usd_dollarThe tight range dominates the USDCHF pair’s recent trades, and as long as the price is below 0.9730, our bearish overview will remain valid, waiting to head towards 0.9626 mainly, reminding you that breaching 0.9730 will push the price to achieve positive targets that start at 0.9800 and extend to 0.9900.

The expected trading range for today is between 0.9650 support and 0.9770 resistance.

The expected trend for today: Bearish

Origin: Economies

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