The USDCHF pair fluctuates with calm negativity to crawl gradually towards our waited target at 0.8840, to keep the bearish trend suggested for the upcoming period, noting that breaking the mentioned level will extend the bearish wave on the short term and medium term basis.
The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 0.8970.
The expected trading range for today is between 0.8800 support and 0.8930 resistance.
The expected trend for today: Bearish
Origin: Economies
