The USDCHF pair bounced bearishly after testing 0.8810 level in the previous sessions, to resume the expected bearish track on the intraday basis, which targets testing 0.8710 as a first station, noting that breaking it will push the price towards 0.8660 followed by 0.8600 levels as next main targets.
Therefore, the bearish trend scenario will remain valid and active unless breaching 0.8810 and holding above it.
The expected trading range for today is between 0.8690 support and 0.8810 resistance.
The expected trend for today: Bearish
Origin: Economies
