The USDCHF is stable – Analysis - 03-12-2021

Economies.com
2021-12-03 02:37AM UTC

The USDCHF pair continues to fluctuate around 0.9200 level, and didn’t show any strong move in the previous sessions, thus, the bearish trend scenario will remain valid as it is without any change for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that our next target is located at 0.9140, while achieving it requires holding below 0.9265.

 

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

 

The expected trend for today: Bearish

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