The USDCHF pair traded with strong negativity yesterday to break 0.9110 level and settles below it, to return to the bearish channel that appears on the chart and reactivate the bearish trend scenario again, on its way to achieve more expected decline in the upcoming sessions, which targets 0.9000 level as a first station.
We should note that breaching 0.9100 and holding above it will stop the expected decline and leads the price to test 0.9190 areas initially before determining the next destination clearly.
The expected trading range for today is between 0.9000 support and 0.9100 resistance.
The expected trend for today: Bearish
Origin: Economies
