The USDCHF pair made new test to 0.9864 level after the bearish rebound that appeared in the upcoming sessions, to settle inside the intraday bearish channel that appears on chart, reinforcing the chances of continuing the bearish trend on the intraday and short term basis.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions, and breaking the mentioned level will push the price towards 0.9812 as a next main target, while breaching 0.9935 will lead the price to attempt to return to the main bullish trend again.
Expected trading range for today is between 0.9812 support and 0.9935 resistance.
Expected trend for today: Bearish
Origin: Economies
