The USDCHF needs negative motive – Analysis - 02-12-2021
Economies.com
2021-12-02 05:27AM UTC
The USDCHF pair hovers around 0.9200 level since yesterday, noticing that stochastic loses its positive momentum gradually, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 0.9140 as a next station.
Therefore, the decline will remain suggested on the intraday basis conditioned by the price stability 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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