The USDCHF price provided additional negative trades yesterday, approaching our waited target at 0.9014 gradually, which represents key level to detect the next destination, as breaking it represents the key to extend the bearish wave and head to achieve additional negative targets that reach 0.8950 followed by 0.8884, while consolidating above it will lead the price to resume the main bullish track again.
Until now, the bearish trend still suggested on the intraday basis unless breaching 0.9145 and holding above it.
The expected trading range for today is between 0.8980 support and 0.9100 resistance.
Trend forecast: Bearish
Origin: Economies
