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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

USDCHF 12.11.2024

Technical Analysis
Tuesday, November 12, 2024 - 11:34
Point Trader Group
USDCHF 12.11.2024

Overall Trend: The trend is upward, with the price approaching a significant resistance level at 0.8823 after a recovery wave.

Expected Scenario: If the price breaks through the resistance level at 0.8823, it may continue rising to the next resistance level at 0.8852.

Alternative Scenario: If the price fails to surpass the 0.8823 resistance, it may retreat to the support level at 0.8737.

Key Levels:

Resistance: 0.8823 - 0.8852

Support: 0.8737

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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