The USDCHF rises calmly – Analysis - 28-11-2022

Economies.com
2022-11-28 04:42AM UTC

The USDCHF pair fluctuates with calm positivity to approach 0.9500 barrier, noticing that the EMA50 forms continuous negative pressure against the price, to support he continuation of the expected bearish trend for the upcoming period, which its next targets located at 0.9355 followed by 0.9300.

 

Therefore, we will continue to suggest the bearish trend on the intraday basis unless breaching 0.9540 and holding with a daily close above it.

 

The expected trading range for today is between 0.9390 support and 0.9520 resistance.

 

The expected trend for today: Bearish

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