The USDCHF pair managed to break 0.9723 leve and settles below it, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, opening the way to head towards our next target at 0.9620.
Therefore, we will continue to suggest the bearish trend in the upcoming period unless breaching 0.9750 level and holding above it.
Expected trading range for today is between 0.9620 support and 0.9750 resistance.
Expected trend for today: Bearish
Origin: Economies
