The USDCHF pair fluctuates around the EMA50, noticing that stochastic begins to overlap negatively now, which supports the chances of resuming the expected bearish trend for the upcoming period, which targets 0.9010 as a next negative station.
Therefore, we will continue to suggest the bearish trend on the intraday and short term basis, reminding you that it is important to hold below 0.9192 to continue the suggested decline.
The expected trading range for today is between 0.9030 support and 0.9150 resistance.
The expected trend for today: Bearish