The USDCHF price shows more bearish bias to reach 0.8600 barrier, reinforcing the expectations of continuing the bearish trend on the intraday basis, and the way is open to achieve our waited target at 0.8543.
The EMA50 forms negative pressure that supports the expected decline, which will remain valid unless the price rallied to breach 0.8673 and hold above it.
The expected trading range for today is between 0.8550 support and 0.8680 resistance.
Trend forecast: Bearish
Origin: Economies
