The USD/CHF awaits more decline – Analysis – 19/04/2021

The rub-l11USDCHF pair continues to move at the EMA50, trading inside the intraday bearish channel that appears on the chart, which keeps our bearish overview valid as it is without any change, which targets 0.9100 as a next main station, reminding you that it is important to hold below 0.9250 to continue the expected decline.

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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