The USDCHF price bounced bearishly after approaching 0.9200 barrier, to break the bullish channel’s support line and head towards achieving expected decline in the upcoming sessions, noting that the main waited target is located at 0.9014.
Breaking 0.9090 will ease the mission to achieve the suggested target, while breaching 0.9135 will stop the current negative pressure and lead the price to resume the main bullish trend again.
The expected trading range for today is between 0.9040 support and 0.9180 resistance.
Trend forecast: Bearish
Origin: Economies
