The USDCHF pair provided temporary positive trades to approach 0.8888 level, and bounced bearishly to resume the expected bearish trend on the intraday and short-term basis, affected by the double top pattern that appears on the chart, reminding you that our targets begin at 0.8810 and extend to 0.8710 after breaking the previous level.
On the other hand, we should note that breaching 0.8888 will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 0.8740 support and 0.8880 resistance.
The expected trend for today: Bearish
Origin: Economies
