The USDCHF pair managed to break the support line that appears on the chart to reach 0.9100 barrier now, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which targets 0.9010 level mainly.
Therefore, our bearish overview will remain valid and active, supported by the negative pressure formed by the EMA50, noting that the stability of 0.9085 level against the negative pressure will push the price to start recovery attempts and head towards testing 0.9192 before any new attempt to decline.
The expected trading range for today is between 0.9050 support and 0.9150 resistance.
The expected trend for today: Bearish
Origin: Economies
