The USDCHF pair provided positive trading to approach from the critical resistance at 0.9730, accompanied with stochastic losse to the positive momentum, waiting for motivating the price to resume the expected bearish trend in the upcoming period, depending on the stability below the mentioned level.
The EMA50 forms a negative pressure to support the expectations for moving lower, reminding you that our initial target is located at 0.9626.
The expected trading range for today is between 0.9626 support and 0.9750 resistance.
The expected trend for today: Bearish
Origin: Economies
