The USDCHF pair keeps its stability below 0.9588, to keep the negative pressure valid for the upcoming period, supported by the EMA50, waiting to head towards 0.9435 that represents our next main target.
On the other hand, we should note that breaching 0.9588 will stop the negative scenario and push the price to start recovery attempts that target visiting 0.9712 level as a first station.
The expected trading range for today is between 0.9500 support and 0.9620 resistance.
The expected trend for today: Bearish
Origin: Economies
