The USDCHF tests the resistance – Analysis - 07-12-2021

2021-12-07 05:38:19 GMT (Economies.com)
 

The USDCHF pair traded with clear positivity yesterday to test the key resistance 0.9265, starting to provide bearish rebound signals now to head towards resuming the recently suggested bearish track, waiting to test 0.9200 again, and it needs to break this level to confirm extending the bearish wave towards 0.9140.

 

Stochastic provide clear negative signals that support the expected decline, which will remain valid conditioned by the price stability below 0.9265.

 

The expected trading range for today is between 0.9170 support and 0.9270 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0753
0.0100
0.9373%
1.2636
0.0074
0.5863%
22.128
0.216
0.988%
113.830
3.691
3.351%
117.32
-0.07
0.06%
1854.755
-1.680
0.090%
 
 
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