The USDCHF pair succeeded to reach our first waited target at 0.9210, showing some bullish bias now to test the EMA50, accompanied by stochastic loss to the positive momentum clearly, waiting to motivate the price to resume the bearish trend that its next target located at 0.9100.
Therefore, our bearish overivew will remain valid and active unless the price rallied to breach 0.9345 and hold above it.
The expected trading range for today is between 0.9180 support and 0.9290 resistance.
The expected trend for today: Bearish
Origin: Economies
