The USDCHF pair succeeded to touch our waited target at 0.9620 and settles around it, falling under negative pressure coming by the EMA50, which forms a chance to break the mentioned level followed by opening the way to extend the bearish wave towards 0.9518.
Therefore, we will continue to suggest the bearish trend for today unless breaching 0.9723 and holding above it.
Expected trading range for today is between 0.9550 support and 0.9685 resistance.
Expected trend for today: Bearish
Origin: Economies
