The USDCHF pair resumed its negative trading heading towards our next target at 0.9578, as the price falls under continuous negative pressure provided by the EMA50, waiting to break the mentioned level to push the price towards our extended targets that reach to 0.9347.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions, unless breaching 0.9700 level and holding above it.
Expected trading range for today is between 0.9530 support and 0.9680 resistance.
Expected trend for today: Bearish
Origin: Economies
