The USDCHF pair traded with strong negativity yesterday to succeed reaching our waited target at 0.9435, facing more negative pressure that supports the chances of surpassing the mentioned level to open the way to achieve more negative targets that reach 0.9305.
Therefore, the bearish trend will remain dominant in the upcoming sessions, noting that failing to break 0.9435 might push the price to start recovery attempts that target visiting 0.9588 level initially.
The expected trading range for today is between 0.9350 support and 0.9500 resistance.
The expected trend for today: Bearish
Origin: Economies
