The USDCHF pair succeeded to break 0.9256 level and traded with clear negativity to settle below it, reinforcing the expectations of continuing the bearish trend, which targets 0.9185 as a next station, noting that surpassing this level will push the price to 0.9125 as a next negative target.
The EMA50 and stochastic provide negative signals that support the expected decline, which will remain valid conditioned by the price stability below 0.9256 – 0.9270 levels.
The expected trading range for today is between 0.9170 support and 0.9270 resistance.
The expected trend for today: Bearish