The USDCHF pair continues to fluctuate near the bullish channel’s support line, and we still waiting to break this support at 1.0040 to reinforce the expectations of extending the bearish wave on the intraday basis towards 0.9935 as a next main station.
In general, we will keep our bearish overview for the upcoming period unless the price rallied to breach 1.0128 and hold with a daily close above it.
The expected trading range for today is between 1.0000 support and 1.0128 resistance.
The expected trend for today: Bearish