The USD/CHF under the negative pressure – Analysis – 27/07/2021

usd_newsThe USDCHF pair faced strong negative pressure yesterday to approach the key support 0.9135, and as long as the price is above this level, our bullish overview will remain valid for the upcoming period, which its targets begin by breaching 0.9200 to open the way to head towards 0.9265.

Note that breaking 0.9135 will stop the suggested positive scenario and press on the price to turn to decline and target 0.9060 areas initially.

The expected trading range for today is between 0.9125 support and 0.9220 resistance.

The expected trend for today: Bullish

Origin: Economies

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