The USDCHF tests the resistance – Analysis - 11-11-2020
Economies.com
2020-11-11 05:00AM UTC
The USDCHF pair tested the main resistance line that appears on the chart and bounced bearishly from there, to keep the bearish trend scenario valid and active for the upcoming period, waiting to visit 0.9010 as a next main station.
We remind you that the continuation of the bearish wave depends on the price stability below 0.9192, as breaching this level will push the price for more bullish correction that targets testing 0.9305 areas before any new attempt to decline.
The expected trading range for today is between 0.9060 support and 0.9190 resistance.
The expected trend for today: Bearish
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