The USDCHF pair resumes its negative trading by today’s opening, on its way towards our main waited target at 0.9254, which supports the continuation of our bearish overview on the intraday and short term basis, noting that breaking the mentioned level will extend the bearish wave to reach 0.9035 as a next main station.
In general, the expected decline will remain valid unless breaching 0.9424 level and holding above it.
Expected trading range for today is between 0.9220 support and 0.9400 resistance.
Expected trend for today: Bearish