The USD/CHF attempts to recover – Analysis – 14/12/2020

usd_chf_forex_1The USDCHF pair provided temporary positive trades on last Friday to test 0.8900 barrier, while the overall bearish trend scenario still valid for the upcoming period, depending on the price stability below 0.8965, supported by the negative pressure formed by the EMA50, reminding you that our next main targets begin at 0.8840 and extend to 0.8700.

The expected trading range for today is between 0.8820 support and 0.8940 resistance.

The expected trend for today: Bearish

Origin: Economies

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