The USD/CHF crawls downwards – Analysis – 27/11/2020

forex-news-usd_dollarThe USDCHF pair shows slight negative trades, to keep the negative scenario valid and active for the upcoming period, which targets 0.9010 level mainly, noting that breaking this level will extend the bearish wave to reach 0.8930 as a next station, while holding below 0.9130 represents the first condition to continue the expected decline.

The expected trading range for today is between 0.9000 support and 0.9100 resistance.

The expected trend for today: Bearish

Origin: Economies

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