Pivot point: 0.9240
The expected scenario: entering short deals below the 0.9240 levels, targeting the 0.9160 levels.
Alternative scenario: entering long positions at the highest levels of 0.9240, targeting the levels of 0.9310.
Comment: The dollar-franc pair is still in a general bearish trend, through the descending price channel, which worked to reduce the price from the 0.9370 levels, and after the price broke the moving averages (50 - 100), and the presence of a negative deviation in the liquidity flow index, which supports the negative outlook for the pair's trading in the short term, and targeting the levels mentioned above.
