The USD/CHF crawls downwards – Analysis – 28/12/2021

usd_newsThe USDCHF pair resumes its negative trading calmly to move away from 0.9200 level, reinforcing the expectations of continuing the bearish trend, supported by the negative pressure formed by the EMA50, which targets 0.9140 level as a next station, reminding you that holding below 0.9200 represents the first condition to continue the expected decline.

The expected trading range for today is between 0.9120 support and 0.9220 resistance.

The expected trend for today: Bearish

Origin: Economies

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