The USDCHF pair crawls downwards to approach gradually from our waited target at 0.8900, noticing that stochastic provides negative overlapping signal that we are waiting to motivate the price to achieve more decline, to continue suggesting the bearish trend for the upcoming period conditioned by the price stability below 0.9000.
Note that breaking 0.8900 will extend the bearish wave to reach 0.8820 as a next main station.
The expected trading range for today is between 0.8880 support and 0.9000 resistance.
The expected trend for today: Bearish
Origin: Economies
