The USDCHF pair keeps its stability below 0.9836 level, to keep the bearish trend scenario valid and active until now, supported by the negative pressure formed by the EMA50, waiting to visit 0.9712 that represents our next main target.
We should note that breaching 0.9836 and moving above it again might push the price to test 0.9910 areas before any new attempt to decline.
The expected trading range for today is between 0.9760 support and 0.9870 resistance.
The expected trend for today: Bearish
Origin: Economies
