The USD/CHF tests the support – Analysis – 13/12/2021

rub-l11The USDCHF pair touched 0.9200 level and found solid support there, waiting to get negative motive that assist to push the price to break this level and open the way to head towards 0.9140 as a next negative target.

In general, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 0.9265 and hold with a daily close above it.

The expected trading range for today is between 0.9150 support and 0.9265 resistance.

The expected trend for today: Bearish

Origin: Economies

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