The USDCHF price traded negatively yesterday to break 0.8645 and settle below it, to fall under expected negative pressure in the upcoming sessions and head towards targeting 0.8543 areas on the near-term basis.
Therefore, the bearish bias will be suggested for today, noting that breaching 0.8673 will stop the expected decline and lead the price to recover again.
The expected trading range for today is between 0.8560 support and 0.8690 resistance.
Trend forecast: Bearish
Origin: Economies
