The USDCHF pair provided temporary positive attempts yesterday and returned to settle below the EMA50, to keep the bearish trend scenario valid for the upcoming period, waiting to break 0.8710 to confirm opening the way to head towards 0.8660 followed by 0.8600.
On the other hand, we should note that breaching 0.8765 followed by 0.8810 levels will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 0.8670 support and 0.8800 resistance.
The expected trend for today: Bearish
Origin: Economies
