The USDCHF approaches the target – Analysis - 06-11-2020
Economies.com
2020-11-06 05:53AM UTC
The USDCHF pair traded with clear negativity yesterday to approach our waited target at 0.9010 now, falling under negative pressure that supports the chances of surpassing the mentioned level an open the way to extend the bearish wave on the intraday and short term basis, to head towards 0.8930 areas as a next main station.
Therefore, the bearish trend will remain valid and suggested in the upcoming sessions, noting that the continuation of the bearish wave requires holding below 0.9105.
The expected trading range for today is between 0.8950 support and 0.9105 resistance.
The expected trend for today: Bearish
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