The USDCHF pair traded with strong negativity yesterday to break 0.9055 level and approach 0.8965, as it formed triple top pattern that supports the chances of turning back to the main bearish track again, waiting to break the last level to confirm the continuation of the bearish bias and head towards 0.8900 as a next negative target.
Therefore, we expect to witness more decline in the upcoming sessions unless the price rallied to breach 0.9055 and hold above it.
The expected trading range for today is between 0.8910 support and 0.9055 resistance.
The expected trend for today: Bearish
Origin: Economies
