The USDCHF pair could not manage to hold for long time above 1.0000 level, to trade with strong negativity yesterday and breaks 0.9944 level, which puts the price under more expected negative pressure in the upcoming period, on its way to visit 0.9856 as a next negative station.
Therefore, we expect witnessing more decline today unless the price rallies to breach 0.9944 followed by 1.0000 levels and holding above them.
The expected trading range for today is between 0.9840 support and 0.9940 resistance.
The expected trend for today: Bearish