The USD/CHF tests the resistance – Analysis – 04/07/2022

rub-l11The USDCHF pair continued to rise to test the key resistance 0.9630, keeping its stability below it until now, accompanied by witnessing clear negative signals through stochastic, waiting to motivate the price to resume the bearish wave, which its targets begin by breaking 0.9525 to open the way to head towards 0.9400.

We remind you that the continuation of the bearihs wave depends on the price stability below 0.9630.

The expected trading range for today is between 0.9520 support and 0.9650 resistance.

The expected trend for today: Bearish

Origin: Economies

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