The USDCHF pair provided clear negative trades yesterday and approached 0.9000 barrier, moving within intraday bearish channel that supports the chances of continuing the decline, reminding you that our first target is located at 0.8990, which breaking it represents the key to head towards 0.8930 as a next negative station.
Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.9060.
The expected trading range for today is between 0.8970 support and 0.9070 resistance.
The expected trend for today: Bearish
Origin: Economies
