The USDCHF pair trades with clear negativity to approach our first waited target at 0.9265, and we expect to surpass this level to open the way to extend the bearish wave to reach 0.9200 as a next negative station.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 0.9345 and hold above it.
The expected trading range for today is between 0.9210 support and 0.9320 resistance.
The expected trend for today: Bearish