The USDCHF attemtps to breach – Analysis - 25-11-2021

Economies.com
2021-11-25 05:17AM UTC

The USDCHF pair attempted to breach 0.9345 level but it returned to settle below it, noticing that stochastic gathers the positive momentum clearly, waiting to motivate the price to resume the positive trades and surpass the mentioned level to open the way to head towards 0.9400 followed by 0.9470 levels.

 

Therefore, the bullish trend will remain valid and active for the upcoming period unless breaking 0.9265 and holding below it.

 

The expected trading range for today is between 0.9280 support and 0.9400 resistance.

 

The expected trend for today: Bullish

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