The USDCHF pair resumed its negative trading after testing the EMA50 in the previous sessions, to test 0.8900
Barrier, waiting for more decline to visit 0.8865 as a first target, noting that breaking it will push the price towards 0.8705 areas as a next main station.
Therefore, the bearish trend will remain valid and active for the upcoming period conditioned by the price stability below 0.9025.
The expected trading range for today is between 0.8850 support and 0.9000 resistance.
The expected trend for today: Bearish
Origin: Economies