The USDCHF pair tested the EMA50 and bounced bearishly from there, to settle below 0.9100 level again, which keep our bearish overview valid for the upcoming period, targeting 0.8990 level as a next station.
Note that breaching 0.9115 will stop the expected decline and lead the price to start recovery attempts that target testing 0.9160 areas initially.
The expected trading range for today is between 0.9020 support and 0.9130 resistance.
The expected trend for today: Bearish
Origin: Economies
