The USDCHF price fluctuates around the EMA50 that forms good resistance against the price, waiting to resume the expected bearish wave on the intraday basis, reminding you that our next target is located at 0.8885.
Stochastic shows negative signals that support the expected decline, which will remain valid conditioned by the price stability below 0.9014.
The expected trading range for today is between 0.8890 support and 0.9030 resistance.
Trend forecast: Bearish
Origin: Economies
