The USDCHF pair managed to achieve our first waited target at 0.9060 and shows slight bullish rebound from there, noticing that stochastic lost its positive momentum clearly, to support the chances of resuming the decline and break the mentioned level to head towards 0.8990 as a next negative target.
Therefore, we suggest witnessing more decline in the upcoming sessions unless the price rallied to surpass 0.9135 and hold above it.
The expected trading range for today is between 0.9010 support and 0.9110 resistance.
The expected trend for today: Bearish
Origin: Economies
