The USDCHF pair succeeded to achieve our waited target at 0.8923 and press on it to move below it now, which supports the chances of extending the bearish wave and paves the way to head towards 0.8860 as a next negative target.
Therefore, we will continue to suggest the bearish trend for the upcoming period, taking into consideration that holding below 0.8975 is important to continue the expected decline.
The expected trading range for today is between 0.8860 support and 0.8960 resistance.
The expected trend for today: Bearish
Origin: Economies
