The USDCHF pair tests 1.0100 barrier now, noticing that the EMA50 forms negative pressure against the price, waiting to push the price to resume the bearish trend and break 1.0040 to confirm heading towards 0.9935 that represents our next main station.
Therefore, the negative scenario will remain valid unless breaching 1.0128 level and holding above it.
The expected trading range for today is between 1.0040 support and 1.0128 resistance.
The expected trend for today: Bearish
Origin: Economies
