The USD/CHF breaks the support – Analysis – 17/12/2021

forex-news-usd_dollarThe USDCHF pair managed to break 0.9200 level and hold below it, which supports the continuation of our bearish overview efficiently in the upcoming period, paving the way to head towards 0.9140 that represents our next negative target, noting that the continuation of the bearish wave requires holding below 0.9200 and the most important below 0.9265.

The expected trading range for today is between 0.9120 support and 0.9240 resistance.

The expected trend for today: Bearish

Origin: Economies

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