The USD/CHF needs a positive motive – Analysis – 06/07/2021

usd_newsThe USDCHF pair shows new negative trades to test 0.9200 level now, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the positive scenario active for the upcoming period, which targets 0.9265 followed by 0.9315 levels as main stations.

Note that breaking 0.9200 and holding below it will press on the price to turn to decline and head towards 0.9140 areas initially.

The expected trading range for today is between 0.9160 support and 0.9270 resistance.

The expected trend for today: Bullish

Origin: Economies

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