USDCHF under the negative pressure – Analysis - 20-11-2017

2017-11-20 04:36:26 GMT (Economies.com)
 

The USDCHF pair broke 0.9892 level and settles below it now, which supports the continuation of our correctional bearish trend efficiently in the upcoming period, and the way is open to head towards 0.9800 level that represents our next main target.

 

The EMA50 supports the negative overview, which will remain valid and active unless breaching 0.9930 followed by 0.9970 levels and holding above them.

 

Expected trading range for today is between 0.9800 support and 0.9930 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0265
0.0067
0.6597%
1.2139
0.0022
0.1816%
20.583
0.219
1.075%
92.262
3.784
4.277%
97.88
-1.74
1.75%
1796.970
15.295
0.859%
 
 
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