The USDCHF price keeps declining to approach 0.8400 barrier, to support the continuation of the expected bearish trend for the upcoming period, reminding you that our next main target is located at 0.8332.
Moving below the EMA50 supports the continuation of the expected decline, taking into consideration that breaching 0.8465 might push the price to achieve intraday gains and test the key resistance 0.8543 before any new attempt to decline.
The expected trading range for today is between 0.8340 support and 0.8480 resistance.
Trend forecast: Bearish
Origin: Economies
