The USDCHF pair managed to surpass the EMA50 and settled below it, which supports the expectations of achieving more of the downside moves on the intraday basis, which targets testing 0.9836 level mainly.
Stochastic negativity supports the expected decline, which will remain valid unless breaching 0.9990 level and holding above it.
The expected trading range for today is between 0.9840 support and 0.9970 resistance.
The expected trend for today: Bearish
Origin: Economies
