The USDCHF price shows more bearish bias to approach our first negative target at 0.8430, and we suggest the continuation of the decline to achieve additional negative targets that extend to 0.8332, to keep the bearish trend dominant in the upcoming sessions.
Moving below the EMA50 supports the suggested bearish wave, which will remain valid conditioned by the price stability below 0.8543.
The expected trading range for today is between 0.8400 support and 0.8525 resistance.
Trend forecast: Bearish
Origin: Economies
