The USDCHF price shows negative trades to attempt to move away from 0.8673 level, reinforcing the expectations of continuing the bearish trend on the intraday basis, which targets 0.8543 level mainly.
Moving below the EMA50 supports the expected decline, noting that breaching 0.8673 will stop the negative scenario 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
