The USDCHF price attempted to breach 0.9990 level but it kept the stability of the daily close below it, which keeps the bearish trend scenario valid until now, supported by stochastic negativity, waiting to visit 0.9900 initially.
Breaking the mentioned level will push the price towards 0.9835 as a next station, while breaching 0.9990 will stop the expected decline and leads the price to return to the main bullish track again.
Expected trading range for today is between 0.9900 support and 0.9920 resistance.
Expected trend for today: Bearish
Origin: Economies
