The USDCHF pair settles below 0.9066 level, to keep the correctional bearish trend scenario active, which targets 0.8970 as a next main station.
The bearish channel organizes the suggested bearish wave, which gets good support by the EMA50, reminding you that it is important to hold below 0.9066 to continue the expected decline.
The expected trading range for today is between 0.8960 support and 0.9090 resistance.
The expected trend for today: Bearish
Origin: Economies
