The USDCHF is stable – Analysis - 18-11-2019
Economies.com
2019-11-18 05:51AM UTC
The USDCHF pair settles near the EMA50 and still below it, to keep the negative scenario suggested on the intraday basis, which targets testing 0.9836 level mainly.
Note that we suggest the price rebound after testing the mentioned level, as the price still confined inside the sideways range that its lines represented by 0.9836 support and 0.9990 resistance, noting that breaking this support will stop the possibility of the bullish rebound and press on the price to suffer additional losses that reach 0.9712.
The expected trading range for today is between 0.9820 support and 0.9950 resistance.
The expected trend for today: Bearish
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