The USDCHF pair begins today with clear negativity to break 0.8975 level and heads to achieve more expected decline in the upcoming sessions, paving the way to visit 0.8923 initially, noting that breaking this level will extend the bearish wave to target 0.8860 as a next station.
Therefore, we expect witnessing more decline today unless the price managed to step above 0.8975 and hold above it again.
The expected trading range for today is between 0.8900 support and 0.9000 resistance.
The expected trend for today: Bearish
Origin: Economies
