The USD/CHF achieves slight gains – Analysis – 15/04/2021

forex-news-usd_dollarThe USDCHF pair provided slight positive trades to settle around the EMA50, and still below the intraday bearish channel’s resistance that appears on the chart, to continue suggesting the bearish trend that its next main target located at 0.9100.

On the other hand, we should note that breaching 0.9250 will stop the suggested decline and lead the price to turn to rise.

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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