The USDCHF pair keeps fluctuating around 0.9676 level keeping its stability below it, thus, the bearish trend still valid and active, waiting to surpass the EMA50 that forms intraday support at 0.9620 to open the way to test the previously recorded low at 0.9474 as a next main station.
We remind you that breaching 0.9676 level might lead the price to test 0.9800 level direct before any new attempt to decline.
Expected trading range for today is between 0.9550 support and 0.9720 resistance.
Expected trend for today: Bearish
Origin: Economies
