The USDCHF pair fluctuates around 0.9140 level and keeps its stability below it, falling under continuous negative pressure coming by the EMA50, to support the continuation of the expected bearish trend for the upcoming period, which targets 0.9060 as a first station.
Holding below 0.9140 – 0.9165 levels represents key condition to continue the expected decline, while breaking 0.9060 will extend the bearish wave to reach 0.9000 direct.
The expected trading range for today is between 0.9050 support and 0.9175 resistance.
The expected trend for today: Bearish