The USDCHF pair continues the calm decline to keep approaching the waited target at 0.8810, and we suggest surpassing this level and open the way to achieve additional negative targets that reach 0.8710, affected by the double top pattern that appears on the chart.
The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 0.8888.
The expected trading range for today is between 0.8750 support and 0.8880 resistance.
The expected trend for today: Bearish
Origin: Economies
