The USDCHF price shows more bearish bias, as it surpassed 0.8430 to confirm opening the way to head towards our next target that reaches 0.8332.
The EMA50 continues to press negatively on the price to reinforce the expectations of continuing the decline, noting that breaching 0.8455 might push the price to test the key resistance 0.8543 before any new attempt to decline.
The expected trading range for today is between 0.8340 support and 0.8480 resistance.
Trend forecast: Bearish
Origin: Economies
