The USDCHF loses momentum – Analysis - 11-11-2019
Economies.com
2019-11-11 05:52AM UTC
The USDCHF pair keeps rising to reach 0.9990 level, noticing that stochastic shows a clear overbought signals, making the chance available for the decline in the upcoming sessions and heading towards targeting 0.9836 level.
Therefore, the sideways bias will remain preferred in the upcoming period between the above mentioned levels until the price succeeds to breach one of them, pointing that the details of the expected targets from the breach are appear in our last report.
The expected trading range for today is between 0.9900 support and 1.0020 resistance.
The expected trend for today: Sideways
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