The USDCHF resumes the decline – Analysis - 13-11-2020

Economies.com
2020-11-13 05:33AM UTC

The USDCHF pair traded with clear negativity after testing 0.9192 level in the previous sessions, to move away from this level and approach our first waited target at 0.9110, waiting to surpass this level to open the way to head towards 0.9010 that represents our next main target.

 

Therefore, our bearish overview will remain valid for the upcoming period conditioned by the price stability below 0.9192.

 

The expected trading range for today is between 0.9070 support and 0.9190 resistance.

 

The expected trend for today: Bearish

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