The USDCHF pair couldn’t manage to surpass 0.9220 level, to rebound bearishly and start bearish correction for the rise that started from 0.8552 areas, on its way to test 0.9066, noting that breaking this level will extend the bearish wave to reach 0.8970 areas.
Therefore, the bearish bias will be suggested for today, noting that breaching 0.9190 will stop the expected decline and lead the price to rise again.
The expected trading range for today is between 0.9060 support and 0.9200 resistance.
The expected trend for today: Bearish
Origin: Economies