The USDCHF pair shows continuous negative trades, moving within the bearish channel that supports the chances of achieving our negative targets that start at 0.9175 and extend to 0.9100.
The EMA50 continues to press negatively on the price to reinforce the expectations of continuing the bearish trend, to keep the negative scenario valid unless the price rallied to breach 0.9355 and hold above it.
The expected trading range for today is between 0.9200 support and 0.9325 resistance.
The expected trend for today: Bearish
Origin: Economies