The USDCHF pair bounced bearishly yesterday after fluctuating near the key resistance 0.9676, to begin testing 0.9600 barrier, which breaking it represents negative factor that will ease the mission of heading towards our next main waited target at 0.9474.
Therefore, our bearish overview will remain valid and active supported by the EMA50, unless we witnessed clear breach and holding with a daily close above 0.9676.
Expected trading range for today is between 0.9500 support and 0.9676 resistance.
Expected trend for today: Bearish
Origin: Economies
