The USDCHF pair managed to break the minor bullish channel’s support line and settled below it, which supports our bearish overview efficiently in the upcoming sessions, reinforced by the completion of the double top pattern that appears on the chart, waiting to head towards 0.9945 as a next main target.
Therefore, the negative scenario will remain active conditioned by the price stability below 1.0080.
The expected trading range for today is between 0.9945 support and 1.0080 resistance.
The expected trend for today: Bearish
Origin: Economies
