The GBPCHF repeats the negative closes – Analysis – 26-9-2023
Economies.com
2023-09-26 06:27AM UTC
The GBPCHF confirmed its surrender to the bearish bias domination by providing new closes below the critical resistance at 1.1515 besides forming an extra barrier at 1.1295 level, to notice its reach to 1.1085 recently.
note that stochastic attempt to provide the negative momentum by its fluctuation near 20 level will increase the efficiency for the bearish track, to expect reaching 1.0980 soon to form the initial target for the current trading, and breaking it will extend the losses towards 1.0903, which forms a new support against the negative attempts.
The expected trading range for today is between 1.1210 and 1.100
The expected trend for today: Bullish
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