The USD/CHF keeps its negative stability – Analysis – 22/10/2021

forex-news-usd_dollarThe USDCHF pair settles below 0.9200 level, to keep the negative pressure valid for the upcoming period, supported by the EMA50, waiting to head towards 0.9140 that represents our next main target, reminding you that the continuation of the expected bearish wave depends on the price stability below 0.9200.

The expected trading range for today is between 0.9140 support and 0.9220 resistance.

The expected trend for today: Bearish

Origin: Economies

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