The USDCHF pair fluctuates within tight track in the previous sessions, settling around 0.9050 level, while the EMA50 forms continuous negative pressure against the price, to continue suggesting the bearish wave for the upcoming period, which its next main target located at 0.8920.
Breaking 0.9000 will ease the mission of achieving the waited targets, while breaching 0.9140 will push the price to start intraday bullish wave that targets testing 0.9250 areas mainly before any new attempt to decline.
The expected trading range for today is between 0.8980 support and 0.9100 resistance.
The expected trend for today: Bearish
Origin: Economies
