The USD/CHF approaches the target – Analysis – 11/06/2021

a-8The USDCHF pair continues to decline to approach our waited target at 0.8900, and we expect the continuation of the bearish bias to extend the negative targets towards 0.8840 areas, to keep the bearish trend dominant in the upcoming sessions, supported by the negative pressure formed by the EMA50, noting that holding below 0.9030 represents key condition to achieve the expected targets.

The expected trading range for today is between 0.8870 support and 0.8980 resistance.

The expected trend for today: Bearish

Origin: Economies

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply