The USDCHF under the negative pressure – Analysis - 19-11-2021
Economies.com
2021-11-19 05:51AM UTC
The USDCHF pair faced additional negative pressure to attack 0.9265 level, noticing that the price attempts to recover by today’s open, motivate by stochastic positivity, waiting to resume the bullish wave that its next main target located at 0.9345.
Therefore, we will keep our bullish overview for the upcoming period, noting that failing to consolidate above 0.9265 will press on the price to turn to decline.
The expected trading range for today is between 0.9230 support and 0.9310 resistance.
The expected trend for today: Bullish
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