The USDCHF pair couldn’t settle for long time above 0.9990 level, to be traded with a strong negativity yesterday and settles below this level again, which puts the price under an expected negative pressure on the intraday basis, in its way to visit 0.9836 level mainly.
Therefore, the bearish bias will be preferred for today unless the price rallied to breach 0.9990 level and holding above it again.
The expected trading range for today is between 0.9840 support and 0.9990 resistance.
The expected trend for today: Bearish