The USDCHF pair shows some bullish bias now to approach testing the key resistance 0.9620, accompanied by stochastic reach to the overbought areas, while the EMA50 continues to press negatively on the price.
Therefore, the bearish trend will remain suggested in the upcoming sessions unless breaching 0.9620 level and holding above it, reminding you that our next main target is located at 0.9518.
Expected trading range for today is between 0.9518 support and 0.9650 resistance.
Expected trend for today: Bearish