The USDCHF price settles around the EMA50, waiting to resume the expected bearish bias for the upcoming period, which targets 0.8332$ level mainly.
Stochastic provides negative signals that support the expected decline, which will remain valid unless the price rallied to breach 0.8543 and hold above it.
The expected trading range for today is between 0.8385 support and 0.8515 resistance.
Trend forecast: Bearish
Origin: Economies