The USDCHF pair resumed its negative trading to test 0.9150 level now, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, and we believe that the way is open to achieve our main waited target at 0.9060.
The EMA50 continues to support the suggested bearish wave, and breaking 0.9135 will ease the mission of achieving the waited target, noting that breaching 0.9205 will push the price to achieve intraday gains that target testing 0.9316 areas before any new attempt to decline.
The expected trading range for today is between 0.9060 support and 0.9200 resistance.
The expected trend for today: Bearish
Origin: Economies
