The USDCHF price succeeded to achieve our waited target at 0.9014, noticing that the price presses negatively on this level to hint heading to achieve more expected decline in the upcoming period, noting that confirming the break will push the price towards 0.8950 followed by 0.8884 levels as next negative stations.
Therefore, the bearish trend will remain suggested on the intraday basis, taking into consideration that the consolidation of 0.9014 level against the current negative pressure will push the price to start recovery attempts and achieve gains that start by visiting 0.9075 followed by 0.9145 areas.
Origin: Economies
