The USDCHF surpasses the moving average – Analysis - 26-11-2020

2020-11-26 04:53:15 GMT (

The USDCHF pair traded with clear negativity yesterday after managing to surpass the EMA50, which supports the expectations of continuing the main bearish trend, and the way is open to achieve our main waited target at 0.9010.


The price might witness some temporary sideways fluctuation affected by stochastic current positivity before resuming the negative trades, noting that the continuation of the expected decline requires holding below 0.9130 and the most important below 0.9192.


The expected trading range for today is between 0.9000 support and 0.9130 resistance.


The expected trend for today: Bearish

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