The USDCHF pair retests 0.9850 level that was broken previously and keeps its stability below it until now, accompanied by stochastic loss to the positive momentum and approaching the overbought areas, which forms negative factor that we are waiting to assist to push the price to resume the decline.
Therefore, the bearish trend will remain expected for today conditioned by the price stability below 0.9850, reminding you that our next main target is located at 0.9723.
Expected trading range for today is between 0.9770 support and 0.9890 resistance.
Expected trend for today: Bearish