The USDCHF pair shows more decline to move below 0.9100 barrier, which supports the continuation of the expected bearish trend on the intraday and short term basis, and we believe that the was is open to head towards 0.9010 that represents our next main target.
The EMA50 keeps pressing negatively on the price to support the expectations to decline, which will remain valid unless the price rallied to breach 0.9192 and hold above it.
The expected trading range for today is between 0.9040 support and 0.9140 resistance.
The expected trend for today: Bearish
Origin: Economies
