The USDCHF pair succeeded to reach our waited positive target at 0.9025, but it bounced downwards strongly to break 0.8975 level and settles below it, which hints the price head to return to decline again, on its way to achieve negative targets that start at 0.8923 followed by 0.8860.
Therefore, the bearish bias will be expected for today unless the price managed to breach 0.8975 followed by 0.9025 levels and hold above them.
The expected trading range for today is between 0.8890 support and 0.9000 resistance.
The expected trend for today: Bearish