The USDCHF price is retesting the broken support line of the bullish channel that appears on the chart, accompanied by witnessing clear negative signals through stochastic now, which supports the chances of bouncing bearishly to resume the expected bearish trend on the intraday basis, which targets 0.9055 followed by 0.9014 levels.
Note that the continuation of the expected decline depends on the price stability below 0.9155, as breaching it represents the key to return to the main bullish track again.
The expected trading range for today is between 0.9060 support and 0.9180 resistance.
Trend forecast: Bearish temporarily
