The USDCHF pair opens today’s trading with bearish bias to resume the expected bearish track on the intraday basis, to keep the negative effect of the double top pattern active, waiting to test 0.9990 level as a next main station.
We should note that breaking the mentioned level will extend the bearish wave to reach 0.9900 level, while the continuation of the suggested bearish wave depends on the price stability below 1.0070 and 1.0128 levels.
The expected trading range for today is between 0.9960 support and 1.0070 resistance.
The expected trend for today: Bearish
Origin: Economies
