The USD/CHF approaches the target – Analysis – 22/02/2022

usd_newsThe USDCHF pair traded with strong negativity yesterday to approach our waited target at 0.9135, and we expect to surpass this level to open the way to achieve more decline that reaches 0.9060.

The EMA50 supports the expected bearish trend, which will remain valid unless the price rallied to breach 0.9200 and hold above it.

The expected trading range for today is between 0.9100 support and 0.9200 resistance.

The expected trend for today: Bearish

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