The USD/CHF attempts negatively – Analysis – 18/11/2020

forex-news-usd_dollarThe USDCHF pair provided negative trades yesterday to move away from the EMA50, reinforcing the expectations of continuing the bearish trend, which targets visiting 0.9010 areas mianly.

Stochastic begins to lose the positive momentum to support the expectations to decline, reminding you that the continuation of the bearish wave depends on the price stability below 0.9192.

The expected trading range for today is between 0.9040 support and 0.9150 resistance.

The expected trend for today: Bearish

Origin: Economies

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