The USDCHF under the negative pressure – Analysis - 23-11-2022

Economies.com
2022-11-23 04:38AM UTC

The USDCHF pair couldn’t hold for long time above 0.9540 level, to break it and fall under expected negative pressure in the upcoming sessions, on its way to visit 0.9450 followed by 0.9355 levels as next main stations.

 

Therefore, the bearish bias will be suggested for today unless the price managed to breach 0.9540 and hold above it again.

 

The expected trading range for today is between 0.9450 support and 0.9570 resistance.

 

The expected trend for today: Bearish

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