The USDCHF pair trades negatively to move away from 0.9456, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which targets visiting 0.9351 level mainly.
The EMA50 keeps supporting the suggested bearish wave, which will remain valid and active unless the price rallied to breach 0.9456 followed by 0.9470 levels and hold above them.
The expected trading range for today is between 0.9360 support and 0.9480 resistance.
The expected trend for today: Bearish