The USDCHF pair managed to break 0.9055 and hold below it, which supports the continuation of the expected bearish trend on the intraday basis, which targets 0.8965 areas as a next main station.
Moving below the EMA50 supports the continuation of the suggested bearish wave, and breaking 0.9030 will ease the mission of achieving the waited targets, taking into consideration that holding below 0.9055 is required to guarantee the continuation of the decline today.
The expected trading range for today is between 0.8970 support and 0.9100 resistance.
The expected trend for today: Bearish
Origin: Economies
