The USDCHF price shows negative trades by today’s open in attempt to resume the expected bearish trend on the intraday basis, which targets 0.8332 areas as a next main station.
Moving below the EMA50 supports the continuation of the suggested bearish wave, reminding you that breaching 0.8543 will stop the bearish trend and push the price to build bullish wave that its targets begin by visiting 0.8673 areas.
The expected trading range for today is between 0.8370 support and 0.8520 resistance.
Trend forecast: Bearish
Origin: Economies