The USDCHF attempts positively – Analysis - 08-11-2021
Economies.com
2021-11-08 05:33AM UTC
The USDCHF pair tests the bearish channel’s resistance that appears in the image, and kept its stability below it, to keep the bearish trend valid on the intraday and short term basis, supported by the negative pressure that comes from the EMA50, waiting for heading to 0.9060 mainly.
You should be aware that breaching 0.9155 will stop the expected decline and leads the price to turn to the upside.
The expected trading range for today is between 0.9080 support and 0.9160 resistance.
The expected trend for today: Bearish
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