The USDCHF price faced strong negative pressure to break 0.9900 level and settles below it again, which reactivate the correctional bearish trend scenario, which its targets begin by breaking 0.9835 to confirm heading towards 0.9766, noting that breaching 0.9900 will lead the price to start new recovery attempts that target testing 0.9990 level initially.
Expected trading range for today is between 0.9800 support and 0.9900 resistance.
Expected trend for today: Bearish
Origin: Economies
