The USDCHF pair provided clear positive trades to move away from 0.8655 level and attempts to achieve some bullish correction, but it loses the positive momentum clearly and begins to provide negative signals now, which encourages us to suggest the bearish bias in the upcoming sessions, and the negative targets start by testing 0.8655, noting that breaking it will push the price to 0.8520 mainly.
Therefore, we expect to witness negative trades in the upcoming sessions unless the price rallied to breach 0.8720 and hold above it.
The expected trading range for today is between 0.8600 support and 0.8730 resistance.
The expected trend for today: Bearish
Origin: Economies
