The USDCHF pair managed to break the bearish pennant’s support line and settled below 0.9630, which supports the continuation our bearish overview efficiently for the upcoming period, opening the way to head towards our next station that reaches 0.9525.

Therefore, the bearish trend scenario will remain active, noting that holding below 0.9630 represents initial condition to continue the expected decline.

The expected trading range for today is between 0.9550 support and 0.9660 resistance.

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The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0535	0.0094	0.8994%
Update: The EURUSD breaks the support
	GBP/USD	1.2293	0.0245	2.0329%

	Silver	23.157	1.801	8.433%

	Oil	81.475	7.046	9.467%
Midday update for Crude oil 02-12-2022
	Brent Oil	85.86	-1.02	1.17%

	Gold	1795.560	45.085	2.576%
Update: Gold price under the negative pressure

Live Forex Updates

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Canadian economy adds the expected amount of jobs

2022-12-02 13:40:21 GMT

US economy adds more jobs than expected in November

2022-12-02 13:38:25 GMT

US average earnings rise past estimates in November

2022-12-02 13:37:23 GMT

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