The USDCHF pair rallied upwards strongly yesterday to breach 0.9280 level and approach 23.6% Fibonacci correction level, but it begins today with bearish bias to hint heading to resume the bearish trend again, on its ways to visit 0.9285 followed by 0.9215 levels as next main targets.
Therefore, the bearish bias will be suggested for today, noting that breaching 0.9370 will push the price to achieve additional gains and test 0.9435 before any new attempt to decline.
The expected trading range for today is between 0.9250 support and 0.9390 resistance.
The expected trend for today: Bearish
Origin: Economies
