Expected scenario: The dollar franc witnessed a negative change in the general trend, after breaking the upward channel and the price failed to stabilize above the levels of 0.9797, to record a series of drops and declines, to start trading today Wednesday at the levels of 0.9740, Which are good selling areas, targeting 0.9650 then 0.9600 levels.

Alternative scenario: As for the price rebound to the top and the 0.9797 resistance is breached, and if the upside scenario is currently the weakest, especially given the price below the moving average 200, we will witness a return to the bullish general trend, with more rises Down to 0.9780 and then 0.9870.

Expected general direction: Downside

Estimated traffic range: 0.9710 to 0.9600