The USDCHF pair continues to move around 0.9700 level, and the EMA50 still forming negative pressure against the intraday trading, which encourages us to keep our bearish overview that targets testing 0.9578 level mainly.
Stochastic current positivity might cause some temporary sideways fluctuation before resuming the suggested decline, which its continuation conditions holding below 0.9740.
Expected trading range for today is between 0.9620 support and 0.9760 resistance.
Expected trend for today: Bearish
Origin: Economies
