The USD/CHF needs a negative motive – Analysis – 18/12/2020

forex-news-usd_dollarThe USDCHF pair fluctuates around 0.8840 level, and it needs to get negative motive that assists to push the price to break this level and open the way to extend the bearish wave on the intraday and short term basis, as our next target is located at 0.8700.

In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.8910 level and holding above it.

The expected trading range for today is between 0.8760 support and 0.8900 resistance.

The expected trend for today: Bearish

Origin: Economies

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