The USDCHF pair tested the minor resistance level at 1.0100 and keeps its stability below it, where the EMA50 meets this level to strengthen it, accompanied with stochastic reach to the thresholds of the overbought levels.
Therefore, these factors encourage us to keep our bearish trend expectation on the intraday and short term basis, targeting 1.0043 then 0.9973 levels mainly, while its continuation conditioned by holding below 1.0157 level.
Expected trading range for today is between 1.0000 support and 1.0130 resistance.
Expected trend for today: Bearish