The USD/CHF gets a negative signal – Analysis – 29/12/2020

usd_newsThe USDCHF pair shows negative trades now to support the continuation of the expected bearish trend scenario on the intraday basis, which its targets begin by testing 0.8820, reminding you that surpassing this level will extend the bearish wave to reach 0.8730.

The EMA50 and stochastic provide negative signals that support the expected decline, which will remain valid conditioned by the price stability below 0.8915.

The expected trading range for today is between 0.8800 support and 0.8900 resistance.

The expected trend for today: Bearish

Origin: Economies

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