The USDCHF pair fluctuates around 0.9581 level and keeps its stability below it, which keeps our bearish overview valid until now, supported by stochastic current negativity, waiting to break 0.9550 to ease the mission of heading towards our first target at 0.9488.
Holding below 0.9581 is important to continue the expected decline, as breaching it will push the price to extend its bullish correction towards 0.9675 as a next station.
Expected trading range for today is between 0.9488 support and 0.9600 resistance.
Expected trend for today: Bearish
Origin: Economies
