The USDCHF pair provided more positive trading to test 0.9700 barreir and rebounds bearishly from there, supported by Stochastic current negativity, waiting to resume the bearish trend that depends on holding below 0.9723, which its targets begin by breaking 0.9620 level to confirm extending the bearish wave towards 0.9518 that represents 61.8% Fibonacci correction level for the rise measured from 0.9186 to 1.0055.
Expected trading range for today is between 0.9600 support and 0.9723 resistance.
Expected trend for today: Bearish
Origin: Economies
