The USDCHF pair shows sideways trades since yesterday, moving near 0.9630 level now, noticing that stochastic continues to lose the positive momentum, while the EMA50 keeps pressing negatively on the price.
Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.9630, reminding you that our next target is located at 0.9525.
The expected trading range for today is between 0.9530 support and 0.9630 resistance.
Origin: Economies
