Category: Forex News, News
The CADCHF awaits the negative momentum– Forecast today – 20-5-2025
Natural gas price continues to form bearish trading, reaching to the extra negative target near $3.310, to decelerate the attempts to resume the decline in the current trading, which forces it to form weak sideways trading in the current period.
Note that the continuation of forming a strong support at $3.340 level against the current trading, by the unionism of providing negative momentum by the main indicators, these factors will increase the sharpness on the bearish track, to keep waiting for providing negative close below $3.130 level, to confirm targeting new negative stations that might begin at $2.950 and $2.730.
The expected trading range for today is between $3.000 and $3.230
Trend forecast: Bearish
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Written by : Editorial team of BIPNs
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