The USDCHF needs the positive momentum – Analysis - 26-11-2021

2021-11-26 05:13:08 GMT (Economies.com)
 

The USDCHF pair ended yesterday above 0.9345, to reinforce the expectations of continuing the bullish trend, which targets 0.9400 followed by 0.9470 levels as next main stations, noting that the price begins today with clear decline to move below 0.9345, waiting to get positive momentum that assist to push the price to rise again.

 

Consolidating above 0.9315 is important to continue the expected rise, as breaking it will press on the price to test 0.9265 level before any new attempt to rise.

 

The expected trading range for today is between 0.9280 support and 0.9400 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1292
0.0049
0.4339%
1.3338
-0.0068
0.5042%
Tadawul
11299.45
-68.73
0.60%
23.648
-0.839
3.428%
74.176
-1.674
2.207%
77.55
-4.71
5.73%
1808.835
-9.000
0.495%
 
 
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