The USDCHF pair provided more negative trades to manage to touch our next target at 0.9541, noticing that the price achieved daily close below this level, to support the chances of continuing the bearish trend in the upcoming period, waiting to head towards 0.9456 as a next negative station.
Today’s positive open might push the price to test 0.9626 before turning back to decline, noting that holding below this level is important to continue the expected bearish wave.
The expected trading range for today is between 0.9456 support and 0.9626 resistance.
The expected trend for today: Bearish
Origin: Economies
