The USD/CHF near the resistance – Analysis – 27/11/2019

forex-news-usd_dollarThe USDCHF pair fluctuates near 0.9990 level and still below it until now, accompanied by stochastic move inside the overbought areas, which keeps the chances valid to rebound bearishly and trade negatively in the upcoming sessions, reminding you that we are waiting to visit 0.9836 level mainly.

Therefore, we will keep our intraday bearish trend expectations unless breaching 0.9990 level and holding above it.

The expected trading range for today is between 0.9910 support and 1.0000 resistance.

The expected trend for today: Bearish

The USDCHF near the resistance – Analysis - 27-11-2019

Origin: Economies

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