The USDCHF pair traded with clear negativity in the previous sessions to test the key support 0.9836 again, waiting to break this level to confirm the continuation of the bearish trend on the intraday and short term basis, which its next main target located at 0.9712.
Therefore, we will continue to suggest the bearish trend conditioned by the price stability below 0.9915.
The expected trading range for today is between 0.9790 support and 0.9880 resistance.
The expected trend for today: Bearish
Origin: Economies
