The USDCHF pair continues to fluctuate around the EMA50, keeping its stability below the intraday bearish trend line that appears on the chart, while stochastic continues to provide the negative signals.
Therefore, we believe that the chances valid to resume the expected bearish trend for the upcoming period, which its next main target located at 0.9060, noting that breaching 0.9205 will push the price to achieve intraday gains that target testing 0.9316 areas mainly before determining the next trend clearly.
The expected trading range for today is between 0.9120 support and 0.9250 resistance.
The expected trend for today: Bearish
Origin: Economies
