The USDCHF pair bounced bearishly after approaching 0.9836 level yesterday, which supports the continuation of our bearish overview, waiting to test 0.9700 level initially, noting that breaking this level will push the price to 0.9590 as a next main station.
The EMA50 continues to support the suggested bearish wave, which its continuation conditions holding below 0.9836.
The expected trading range for today is between 0.9700 support and 0.9800 resistance.
The expected trend for today: Bearish