The USDCHF approaches the target – Analysis - 15-11-2019

Economies.com
2019-11-15 05:42AM UTC

The USDCHF pair continues to crawl negatively to gradually approach our waited target at 0.9836, to continue suggesting the bearish trend in the upcoming sessions, being aware that we need to monitor the price behavior when reaching the mentioned target, as breaking this level will press on the price to target the next correctional level that reaches 0.9712, while holding against the current decline will lead the price to rebound bullishly and visit 0.9990 level mainly.

 

The expected trading range for today is between 0.9820 support and 0.9950 resistance.

The expected trend for today: Bearish

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