The USDCHF pair managed to break 0.9630 level and close the daily candlestick below it, which supports the continuation of our bearish overview efficiently in the upcoming period, paving the way to head towards our next correctional target at 0.9525.
The EMA50 supports the suggested bearish wave, taking into consideration that breaching 0.9630 might push the price to start recovery attempts and head to test 0.9730 areas before any new attempt to decline.
The expected trading range for today is between 0.9550 support and 0.9670 resistance.
Origin: Economies
