The USDCHF pair provided clear negative trades yesterday after completing the bearish pattern, and the EMA50 forms good negative pressure against the price, while stochastic shows new negative signals now.
Therefore, the chances are valid to continue the expected bearish trend for the upcoming period, which its main targets located at 0.8900, while the price needs to hold below 0.9000 and 0.9030 levels to continue the negative scenario.
The expected trading range for today is between 0.8900 support and 0.9000 resistance.
The expected trend for today: Bearish
Origin: Economies
