The USDCHF pair is testing the key support 0.8785, which represents the neckline of the double top pattern that its signs appear on the chart, waiting to break this level to get negative motive that pushes the price towards our main expected target at 0.8665.
Therefore, our bearish overview will remain valid and active, noting that breaching 0.8835 will stop the expected decline and lead the price to exit the main bearish channel that appears on the chart.
The expected trading range for today is between 0.8720 support and 0.8850 resistance.
The expected trend for today: Bearish
Origin: Economies
