The USDCHF pair continues to decline to start testing the EMA50, reinforcing the chances of continuing the bearish bias to visit the sideways range’s support line at 0.9836.
Therefore, the bearish trend will be suggested for today supported by stochastic negativity, noting that breaching 0.9990 will stop the expected decline and push the price to achieve gains that reach 1.0070.
The expected trading range for today is between 0.9840 support and 0.9970 resistance.
The expected trend for today: Bearish