USD/CHF Analysis

[Uritron]

The USD/CHF pair managed to reach our waited target at 0.8968, noticing that the price completed a double top pattern that supports the chances of surpassing the mentioned level to open the way to achieve additional negative targets that reach 0.8889.

Therefore, the bearish trend will remain suggested for the upcoming period, noting that failing to break 0.8968 will push the price to start recovery attempts that target testing 0.9066 areas mainly. The expected trading range for today is between 0.8890 support and 0.9035 resistance.

[maspluto]

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