The USDCHF pair shows slight negative trading after approaching from testing 0.9848 areas yesterday, supported by stochastic negativity that appears on the four hours’ time frame, waiting to motivate the price to continue the decline that targets 0.9752 followed by 0.9634 levels mainly.
We remind you that the continuation of the expected bearish trend depends on the stability below 0.9848 and the most important below 0.9944.
Expected trading range for today is between 0.9700 support and 0.9900 resistance.
Expected trend for today: Bearish
Origin: Economies
