The USD/CHF keeps breaking the support lines – Analysis – 12/09/2022

rub-l11The USDCHF pair keeps declining to break 0.9630 level and settles below it, reinforcing the expectations of continuing the domination of the bearish trend, which targets 0.9525 as a next main station.

The EMA50 supports the suggested bearish wave, which will remain valid unless breaching 0.9630 and holding above it.

The expected trading range for today is between 0.9510 support and 0.9650 resistance.

The expected trend for today: Bearish

Origin: Economies

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