The USDCHF keeps its negative stability – Analysis - 12-11-2020
Economies.com
2020-11-12 05:07AM UTC
The USDCHF pair provided new positive trades to test the most important resistance at 0.9192, noticing that the price bounced clearly from there, on its way to resume the main bearish trend, which targets 0.9110 followed by 0.9010 levels as next main stations.
Therefore, the bearish trend scenario will remain valid and active for the upcoming sessions unless the price rallied to breach 0.9192 level and hold above it.
The expected trading range for today is between 0.9080 support and 0.9200 resistance.
The expected trend for today: Bearish
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