USDCHF gets a negative close – Analysis - 27-11-2017
Economies.com
2017-11-27 05:46AM UTC
The USDCHF pair attacked 0.9800 level and closed the last week trading below it, opening the way towards extending the bearish correctional wave to 0.9730 level in the upcoming period, noticing that the price begins today with slight bullish bias affected by stochastic positivity, to move above 0.9800.
In general, the bearhs trend will be expected on the intraday and short term basis unless the price manage to rally higher to breach 0.9892 level and holding with a daily close above it.
Expected trading range for today is between 0.9730 support and 0.9865 resistance.
Expected trend for today: Bearish
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