The USDCHF pair bounced bearishly after retesting 0.9955 level in the previous sessions, to keep the bearish trend active for the upcoming period, affected by the double top pattern that was completed previously, waiting to target 0.9850 level as a next main station.
The EMA50 keeps supporting the suggested bearish wave, which its continuation conditions holding below 0.9955 and the most important below 1.0055.
Expected trading range for today is between 0.9830 support and 0.9970 resistance.
Origin: Economies
