The USD/CHF pair resumed negative trading to approach our waited target at 0.8885, noting that moving inside the bearish channel supports the chances of surpassing the mentioned level, followed by opening the way to achieve additional negative targets that reach 0.8810.

Therefore, we will continue to suggest a bearish trend for the upcoming period supported by the negative pressure formed by the EMA50, reminding you that it is important to hold below 0.8968 to continue the expected decline.

The expected trading range for today is between 0.8830 support and 0.8960 resistance.

The USD/CAD pair finds difficulty consolidating above the 1.3680 level, trading negatively, and attacking this support now, noticing that the price recorded lower highs that hint at a decline in the upcoming sessions, to head towards visiting the bullish channel’s support line around 1.3520 mainly.
 
Therefore, we expect to witness negative trades on an intraday basis, and breaking 1.3660 will ease the mission of achieving the suggested target, while breaching 1.3680 represents a positive factor that will lead the price to regain the main bullish trend again.

The expected trading range for today is between 1.3590 support and 1.3730 resistance.

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