The USDCHF price bounced bearishly after testing 0.8543 yesterday, which supports the continuation of the expected bearish trend on the intraday and short-term basis, waiting to visit 0.8430 followed by 0.8332 levels that represent our next main targets.
Holding below 0.8543 is important to the continuation of the expected decline, as breaching it will push the price to build bullish wave that its targets begin by testing 0.8673 areas.
The expected trading range for today is between 0.8410 support and 0.8545 resistance.
Trend forecast: Bearish
Origin: Economies
