The USD/CHF is below the moving average – Analysis – 16/04/2021

forex-news-usd_dollarThe USDCHF pair fluctuates around the EMA50 and still below it, thus, no change to the bearish trend scenario that depends on the price stability below 0.9250, organized inside the intraday bearish channel that appears on the chart, reminding you that our next target extends to 0.9100.

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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