The USDCHF pair managed to confirm breaking 0.9752 level and hold below it, which puts the price under more negative pressure that supports the continuation of our bearish trend overview, which targets 0.9634 followed by 0.9442 levels on the short term basis.
The continuation of the expected bearish trend depends on the stability below 0.9848 and the most important below 0.9944 levels, as breaching these levels represents positive factor that will lead the price for recovery attempts that its main targets begin at 1.0062 and extend to 1.0254.
Expected trading range for today is between 0.9633 support and 0.9848 resistance.
Expected trend for today: Bearish
Origin: Economies
