The USDCHF pair provided calm negative trading yesterday to head towards our first main target at 1.0043, as the price is affected by the previously completed rising wedge pattern, while the EMA50 keeps pushing negatively on the price.
Therefore, our bearish overview will remain valid for today, and breaking 1.0043 will extend the bearish wave towards 0.9973, while the expected decline will remain valid unless breaching 1.0157 and holding above it.
Expected trading range for today is between 0.9973 support and 1.0120 resistance.
Expected trend for today: Bearish
Origin: Economies
