The USDCHF pair returned to test the bearish channel’s resistance and bounced bearishly from there, to settle below 0.9140 level, which keeps the bearish trend scenario active for the upcoming period, reminding you that our first main target is located at 0.9060.
Holding below 0.9155 is important to continue the suggested decline, while breaking 0.9060 will push the price to 0.9000 followed by 0.8930 levels as next negative targets.
The expected trading range for today is between 0.9070 support and 0.9160 resistance.
The expected trend for today: Bearish
Origin: Economies
