The USDCHF pair succeeded to touch our main waited target at 0.9990 and settles there now, reminding you that breaking this level will extend the bearish wave to target 0.9900 level as a next main station, noting that moving below the EMA50 supports the chances of continuing the decline in the upcoming sessions.
Therefore, we will keep our bearish overview for today unless breaching 1.0035 level and holding above it.
The expected trading range for today is between 0.9940 support and 1.0035 resistance.
The expected trend for today: Bearish
Origin: Economies
