The USDCHF pair achieved clear break to 1.0075 level and closed the daily candlestick below it, which activates the correctional bearish trend scenario in the upcoming period, opening the way to target areas that start at 1.0005 and extend to 0.9894 after breaking the previous level.
Therefore, the bearish bias will be suggested on the intraday basis unless breaching 1.0075 level and holding above it again.
Expected trading range for today is between 0.9970 support and 1.0110 resistance.
Expected trend for today: Bearish
Origin: Economies
