Pivot point: 0.9190
Expected scenario: Entering long positions at the highest levels of 0.9190, targeting the levels of 0.9260.
Alternative scenario: entering short positions at the lowest levels of 0.9190, with a target of 0.9100.
Commentary: The dollar-franc pair witnessed a change in the general bearish trend, after penetrating the descending price channel, and then returning to retest the 0.9190 levels, which is expected to It consolidates, and returns to complete the upward wave again and targets the previously mentioned levels, especially in light of the presence of the liquidity flow indicator in oversold areas, with a positive deviation in the buying direction, which supports the positive outlook for the pair’s trading in the short term.
