Forex

The USDCHF begins to decline – Analysis - 25-11-2020

2020-11-25 05:39:25 GMT (Economies.com)

The USDCHF pair shows calm negative trades to rebound from the resistance line that appears on the chart, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, which targets 0.9010 as a next main station.

 

Stochastic provides negative signals that support the expectations to decline, reminding you that holding below 0.9192 represents major condition to continue the expected bearish trend.

 

The expected trading range for today is between 0.9040 support and 0.9160 resistance.

 

The expected trend for today: Bearish

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