The USDCHF pair begins today’s trading with bearish bias to break 1.0000 level and settles below it, which opens the way to start bearish correction on the intraday basis, targeting 0.9900 followed by 0.9850 levels initially.
Therefore, the bearish trend will be suggested in the upcoming sessions unless the price managed to breach 1.0000 followed by 1.0055 levels and hold above them.
Expected trading range for today is between 0.9900 support and 1.0055 resistance.
Origin: Economies
