USD CHF attempts positively – Analysis - 26/11/2015

Economies.com
2015-11-26 06:00AM UTC

The USDCHF pair showed attempts to return to the bullish channel, and the price needs to breach 1.0230 level to confirm regaining the bullish trend, while on the other hand, breaking 1.0120 support will push the price to start bearish correction that its main targets begin at 1.0070 and extend to 0.9960.

 

Therefore, we will continue with our neutrality until the price manages to breach one of the above mentioned levels and detect its next destination clearly.

 

Expected trading range for today is between 1.0120 support and 1.0350 resistance.

 

Expected trend for today: Neutral

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