The USDCHF pair broke 0.9200 level strongly and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently in the upcoming sessions, and the way is open to head towards our next negative target at 0.9140.
The EMA50 supports the expected decline, noting that holding below 0.9200 represents the first condition to achieve the waited targets.
The expected trading range for today is between 0.9120 support and 0.9240 resistance.
The expected trend for today: Bearish