The USDCHF pair returns to fluctuate around the EMA50, as the price is affected by stochastic positivity that appears on the daily time frame, and as long as the price is below 0.9740 level, our intraday bearish trend expectations will remain valid and active, waiting to visit 0.9578 level mainly.
Our main waited target is located at 0.9578, noting that breaching 0.9740 level will stop the expected decline and lead the price to visit 0.9864 level direct.
Expected trading range for today is between 0.9600 support and 0.9800 resistance.
Expected trend for today: Bearish
Origin: Economies.com
