The EURCHF pair attempted to form correctional bullish rebound recently, while facing the moving average 55 at 1.0862 confirms ending the bullish wave and the preparation to build strong negative trades in the near term and medium term period.
Also, the main stability below the major resistance at 1.0930 and stochastic negative momentum signals support the negative overview that might target 1.0805 followed by reaching the next support at 1.0755.
The expected trading range for today is between 1.0870 and 1.0805
The expected trend for today: Bearish