The USDCHF pair retested the broken support of the bearish pennant pattern and bounced bearishly from there, to keep the bearish trend scenario valid and active on the intraday and short term basis, waiting to head towards 0.9100 that represents our first station, reminding you that breaking this level will push the price to 0.8990 as a next station.
In general, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.9200.
The expected trading range for today is between 0.9080 support and 0.9170 resistance.
The expected trend for today: Bearish
Origin: Economies
