The tight range dominated the USDCHF pair’s trades yesterday, to continue fluctuating around the EMA50, keeping its stability below the key resistance 0.9424, thus, no change to the bearish trend scenario that depends on holding below the mentioned level, reminding you that our main waited target is located at 0.9254.
Expected trading range for today is between 0.9300 support and 0.9424 resistance.
Expected trend for today: Bearish