The USDCHF heads for more negative targets – Analysis - 01-12-2021

2021-12-01 05:23:47 GMT (Economies.com)
 

The USDCHF pair managed to achieve our initial waited target at 0.9200 and broke it to approach from the second target at 0.9140, but it returns to flcutaute near the initial level, affected by stochastic positivity, waiting for getting a negative motive that pushes the price to resume the bearish bias again.

 

In general, we keep preferring the bearish trend in the upcoming period unless breaching 0.9265 level and holding above it.

 

The expected trading range for today is between 0.9140 support and 0.9250 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1285
-0.0012
0.1106%
1.3494
0.0016
0.1176%
Tadawul
12108.56
56.61
0.47%
23.782
-0.034
0.143%
84.930
1.389
1.663%
87.64
1.30
1.51%
1847.685
8.220
0.447%
 
 
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