The USDCHF surpasses the first target – Analysis - 24-11-2022
Economies.com
2022-11-24 04:04AM UTC
The USDCHF pair traded with clear negativity to surpass our first suggested target at 0.9450 and approaches the second target at 0.9355, and we expect the continuation of the bearish bias to break the last level and head towards 0.9300 areas as a next main station.
Therefore, the bearish trend will remain dominant in the upcoming sessions supported by the negative pressure formed by the EMA50, noting that the continuation of the bearish wave requires holding below 0.9540.
The expected trading range for today is between 0.9310 support and 0.9450 resistance.
The expected trend for today: Bearish
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