The franc dollar pair has been moving within a sideways range for about 4 months due to the weakness of the two currencies in the recent period due to the high risk appetite due to news of more than vaccination activities against Corona, and thus investors' reluctance to avoid currencies and safe havens, and Draw the their tendency towards higher yield currencies.
Technically, the pair is on a 4-hour frame near a demand area that is compatible with a daily demand area, and therefore, the possibility of ascent is coming from the area bounded between 0.9007 and 0.8970.
Technically, the pair is on a 4-hour frame near a demand area that is compatible with a daily demand area, and therefore, the possibility of ascent is coming from the area bounded between 0.9007 and 0.8970.