The USDCHF pair tested the key resistance at 0.9066 and kept its stability below it, accompanied by stochastic loss to the positive momentum clearly, which supports the chances of bouncing bearishly to resume the expected bearish trend on the intraday basis, which its next main target located at 0.8968.
Note that breaking 0.9020 will complete forming negative pattern that has negative targets that surpass the above-mentioned level, while the bearish trend will remain valid conditioned by the price stability below 0.9066.
The expected trading range for today is between 0.8960 support and 0.9100 resistance.
The expected trend for today: Bearish
Origin: Economies
