The USDCHF pair shows sideways trades in the previous sessions, waiting to get negative motive that assist to push the price to resume the main bearish trend, which targets testing 0.8552 mainly.
The EMA50 continues to support the bearish wave, which moves inside the bearish channel that has negative targets that surpass the above-mentioned level, noting that the continuation of the expected decline depends on the price stability below 0.8710.
The expected trading range for today is between 0.8540 support and 0.8670 resistance.
The expected trend for today: Bearish
Origin: Economies
