The USD/CHF attacks the support – Analysis – 21/02/2022

rub-l11The USDCHF pair shows new negative trades to attack 0.9200 and attempts to confirm breaking it, to hint heading to activate the negative scenario and head to test 0.9135 areas initially.

Therefore, the bearish bias will be suggested for today supported by the negative signals provided by stochastic, taking into consideration that failing to confirm breaking the current support will stop the expected decline and lead the price to test 0.9265 areas initially.

The expected trading range for today is between 0.9150 support and 0.9250 resistance.

The expected trend for today: Bearish

Origin: Economies

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