The USDCHF pair traded with clear positivity to reach the intraday bearish channel’s resistance that appears on the chart, and according to the trading rules inside the channels, we expect witnessing bearish rebound and heading towards 0.9065 areas initially.
Therefore, the bearish bias will be expected for the upcoming sessions, taking into consideration that breaching 0.9140 will stop the sugegted decline and lead the price to achieve more gains in the upcoming period.
The expected trading range for today is between 0.9065 support and 0.9170 resistance.
The expected trend for today: Bearish
Origin: Economies
