The USDCHF pair provided additional positive trades to test 0.8965 resistance now, which forms good barrier against the price, noticing that the technical indicators provide clear negative signals now, waiting to motivate the price to rebound bearishly to resume the expected bearish trend for the upcoming period, reminding you that our expected targets begin at 0.8850 and extend to 0.8820.
Holding below 0.8965 – 0.8980 levels is important to continue the expected decline, as breaching them will stop the negative scenario and lead the price to return to the correctional bullish track again.
The expected trading range for today is between 0.8880 support and 0.9010 resistance.
The expected trend for today: Bearish
Origin: Economies
