The USDCHF pair traded with strong negativity yesterday to approach our first waited target at 0.9541, to keep the bearish trend scenario valid and active on the intraday and short term basis, noting that breaking the mentioned level will extend the bearish wave to reach 0.9456 as a next negative station.
On the other hand, we should note that breaching 0.9626 will stop the expected decline and push the price to turn to rise on the intraday basis.
The expected trading range for today is between 0.9500 support and 0.9630 resistance.
The expected trend for today: Bearish
Origin: Economies
