The USDCHF pair traded with clear negativity yesterday to begin the attempt to break the key support 0.9752, and as we mentioned yesterday, this break represents the key to confirm the continuation of the bearish trend on the short term basis, followed by opening the way to target 0.9634 followed by 0.9442 levels mainly.
Therefore, our bearish overview will remain valid and active for the upcoming sessions conditioned by the price stability below 0.9848 and the most important below 0.9944.
Expected trading range for today is between 0.9633 support and 0.9848 resistance.
Expected trend for today: Bearish
Origin: Economies
