The USDCHF pair touched our waited target at 0.9860 and found solid resistance there, to rebound bearishly and head towards potential test to the key support 0.9730, making the bearish bias suggested in the upcoming sessions supported by moving below the EMA50.
Note that breaching 0.960 will lead the price to achieve additional gains and head towards 0.9920 followed by 0.9960 levels as next positive targets.
The expected trading range for today is between 0.9730 support and 0.9860 resistance.
The expected trend for today: Bearish
Origin: Economies
