USDCHF under the negative pressure again – Analysis - 29-11-2018
Economies.com
2018-11-29 05:31AM UTC
The USDCHF price could not manage to hold for tlong time above 0.9990, to rebound downwards strongly and reaches the thresholds of 0.9900 level, hinting the price head for more bearish correction on the short term basis.
Therefore, we expect witnessing negative trading in the upcoming sessions unless breaching 0.9990 level and holding above it, noting that breaking 0.9900 will push the price towards 0.9835 direct.
Expected trading range for today is between 0.9850 support and 0.9990 resistance.
Expected trend for today: Bearish
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