The tight range dominates the USDCHF pair’s trading, which keeps moving around the EMA50, which keeps the bearish trend scenario active on the intraday basis, waiting to test 0.9836 level mainly, noting that breaching 0.9905 and holding above it will push the price to test the sideways range’s resistance at 0.9990 initially.
The expected trading range for today is between 0.9836 support and 0.9950 resistance.
The expected trend for today: Bearish