The USDCHF price provided new negative trades to confirm breaking 0.8543 level and move away from it, reinforcing the expectations of continuing the bearish trend in the upcoming period, waiting to visit 0.8430$ as a next main target.
Stochastic current positivity might cause sideways fluctuation before resuming the expected bearish trend, which will remain valid unless the price rallied to breach 0.8543 and hold above it.
The expected trading range for today is between 0.8450 support and 0.8580 resistance.
Trend forecast: Bearish
Origin: Economies