The USDCHF pair made new test to 0.9848 and keeps its stability below it, which keeps our bearish overview valid and active, waiting to rebound bearishly to resume the decline that its targets begin at 0.9752, reminding you that breaking this level will extend the bearish wave to reach 0.9634 followed by 0.9442 on the near term basis.
Breaching 0.9848 followed by 0.9944 levels will push the price to stop the current bearish bias followed by turning to rise on the short term basis.
Expected trading range for today is between 0.9700 support and 0.9900 resistance.
Expected trend for today: Bearish
Origin: Economies
