The USDCHF breaks the support – Analysis - 29-11-2021

2021-11-29 05:27:48 GMT (Economies.com)
 

The USDCHF pair achieved a strong break to 0.9315 level and declined strongly to break the next support at 0.9265, which pushes the price to achieve more of the expected decline in the upcoming sessions, in its way to visit 0.9200 level as a next main target.

 

Therefore, the beraihs bias will be preferred for today unless breaching 0.9265 level and holding above it.

 

The expected trading range for today is between 0.9200 support and 0.9300 resistance.

 

The expected trend for today: Bearish

 

 
 
 
  Symbol Last Change Chg.%
1.1288
-0.0009
0.0797%
1.3494
0.0017
0.1239%
Tadawul
12108.56
56.61
0.47%
23.796
-0.020
0.086%
84.980
1.439
1.722%
87.97
1.67
1.94%
1848.195
8.730
0.475%
 
 
Live Forex Updates