The USDCHF loses momentum – Analysis - 26-11-2019
Economies.com
2019-11-26 05:42AM UTC
The USDCHF pair reached 0.9990 level and begins to decline now, noticing that stochastic begins to overlap negatively, waiting to motivate the price to provide negative trades in the upcoming sessions, noting that our main targets is located at 0.9836.
On the other hand, we should note that breaching 0.9990 will push the price to achieve more rise and open the way to visit 1.0070 areas on the near term basis.
The expected trading range for today is between 0.9910 support and 1.0000 resistance.
The expected trend for today: Bearish
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