The USDCHF pair resumes its negative trading to move away from 0.9530, reinforcing the expectations of continuing the bearish trend, which targets 0.9400 level as a next negative station.
Stochastic begins to lose the positive momentum gradually, waiting to assist to push the price to head towards the mentioned target, reminding you that it is important to hold below 0.9530 to continue the expected decline.
The expected trading range for today is between 0.9440 support and 0.9540 resistance.
The expected trend for today: Bearish
Origin: Economies
