The USDCHF achieves the first target – Analysis - 20-10-2020
Economies.com
2020-10-20 03:50AM UTC
The USDCHF pair provided clear negative trades to succeed reaching our first waited target at 0.9085, waiting for more decline to head towards our next negative station at 0.9010.
Therefore, the bearish trend will remain valid and suggested for the upcoming period, supported by the negative pressure formed by the EMA50, noting that the continuation of the bearish wave depends on the price stability below 0.9192.
The expected trading range for today is between 0.9040 support and 0.9150 resistance.
The expected trend for today: Bearish
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