The USDCHF pair fluctuates around the 0.9145 level, and closed yesterday below it, to keep the bearish trend working for the upcoming period, supported by stochastic loss to the positive momentum, waiting to visit 0.9060 as a first target.
We remind you that the continuation of the suggested bearish wave depends on the price stability below 0.9135.
The expected trading range for today is between 0.9060 support and 0.9180 resistance.
Today investors will be looking at the US FOMC Meeting Minutes as it will be key indication and is expected that any hawkish chatter to drive Dollar demand.
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