The USDCHF resumes the decline – Analysis - 15-12-2020

Economies.com
2020-12-15 05:19AM UTC

The USDCHF pair returned to decline after the temporary rise that it witnessed in the previous sessions, to approach our first waited target at 0.8840, waiting to surpass this level to open the way to head towards 0.8700 as a next station.

 

Therefore, we will keep our bearish overview conditioned by the price stability below 0.8965.

 

The expected trading range for today is between 0.8800 support and 0.8920 resistance.

 

The expected trend for today: Bearish

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