USDCHF breaks the support – Analysis - 20-11-2018

Economies.com
2018-11-20 04:07AM UTC

The USDCHF price broke 0.9990 level strongly to rally towards the next correctional level at 0.9900, which leads the price to achieve more expected decline in the upcoming sessions, noting that breaking the last level will push the price towards 0.9834 that represents the next correctional level.

 

Therefore, the bearish bias will be suggested for today unless the price managed to breach 0.9990 and hold above it.

 

Expected trading range for today is between 0.9850 support and 0.9990 resistance.

Expected trend for today: Bearish

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