The USD/CHF pair exhibited limited movement in the previous session, continuing its negative stability below the critical level of 0.8888. This lack of substantial activity reinforces the anticipated bearish trend outlined in our intraday analysis. The primary downside objective remains the testing of the support level at 0.8810. It is important to note that any breach of the resistance at 0.8888 could trigger restorative efforts, targeting an initial level at 0.8968.
As of the latest data, the trading range for the day is anticipated to fluctuate between the support level at 0.8880 and the resistance at 0.8950.
Expected Trend for Today: Bearish