The USD/CHF resumes the decline – Analysis – 11/12/2020

forex-news-usd_dollarThe USDCHF pair resumed its negative trades to approach our waited target at 0.8840, and we expect the continuation of the negative pressure to surpass this level and open the way to head towards 0.8700 that represents our next negative station.

Therefore, the bearish trend will remain valid and active for the upcoming period unless breaching 0.8965 and holding above it.

The expected trading range for today is between 0.8780 support and 0.8920 resistance.

The expected trend for today: Bearish

Origin: Economies

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply