The USD/CHF continues to decline – Analysis – 14/04/2021

forex-news-usd_dollarThe USDCHF pair shows more bearish bias and attempts to press on 0.9200 barrier, which support the continuation of the bearish trend scenario on the intraday and short term basis, reminding you that our next main target reaches 0.9100.

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaching 0.9250 level and hold above it.

The expected trading range for today is between 0.9150 support and 0.9250 resistance.

The expected trend for today: Bearish

Origin: Economies

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