The USDCHF pair returns to fluctuate around 0.8900 level after the decline that it witnessed in the previous sessions, noticing that the technical indicators continue to provide the negative signals, to keep the bearish trend valid and active on the intraday and short term basis, which targets 0.8800 as a next station.
The bearish channel continues to organize the suggested bearish wave, which will remain valid unless breaching 0.8960 and holding above it.
The expected trading range for today is between 0.8830 support and 0.8970 resistance.
The expected trend for today: Bearish
Origin: Economies
