The USDCHF pair continues to rise to reach the key resistance 0.9712, waiting to rebound bearishly to resume the expected bearish trend for the upcoming period, which gets continuous support by the EMA50, reminding you that our main waited target is located at 0.9588.
We should note that breaching 0.9712 and holding above it will stop the expected decline and leads the price to achieve additional gains that reach 0.9836 on the near term basis.
The expected trading range for today is between 0.9600 support and 0.9730 resistance.
The expected trend for today: Bearish
Origin: Economies
