The USDCHF pair broke 0.9066 level strongly by today’s open and settled below it, showing more decline to move away from the mentioned level and head towards achieving new bearish correction in the upcoming sessions, on its way to test 0.8968 initially, noting that breaking this level will push the price to 0.8890 areas as next main station.
Therefore, we expect to witness more decline on the intraday basis unless breaching 0.9066 and holding above it again.
The expected trading range for today is between 0.8950 support and 0.9090 resistance.
The expected trend for today: Bearish
Origin: Economies
