The USDCHF achieves the first target – Analysis - 02-12-2022
Economies.com
2022-12-02 05:13AM UTC
The USDCHF pair traded with clear negativity yesterday to succeed reaching our first waited target at 0.9355, waiting for more decline to surpass this level and visit 0.9300 barrier as a next target.
Therefore, we will continue to suggest the bearish trend for the upcoming period, taking into consideration that breaching 0.9440 might push the price to achieve intraday gains that reach 0.9540 before any new attempt to decline.
The expected trading range for today is between 0.9300 support and 0.9430 resistance.
The expected trend for today: Bearish
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