The USDCHF pair continues to move within sideways track, keeping its stability below 0.9630 level, to keep the bearish trend scenario active on the intraday and short term basis, waiting to test 0.9525 as a next target.
The EMA50 continues to support the suggested bearish wave, which will remain valid unless the price rallied to breach 0.9630 and hold above it.
The expected trading range for today is between 0.9540 support and 0.9640 resistance.
Origin: Economies
