The USDCHF awaits more decline – Analysis - 07-12-2020

Economies.com
2020-12-07 05:03AM UTC

The USDCHF pair fluctuates around 0.8930 level, and as long as the price is below 0.8975, the negative pressure will remain suggested for the upcoming period, supported by the EMA50, noting that we are waiting to head towards 0.8840 that represents our next main target.

 

The expected trading range for today is between 0.8840 support and 0.8950 resistance.

 

The expected trend for today: Bearish

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