The EURCHF repeats the negative closes– Forecast today

No change for EURCHF negative trend due to its stability below 0.9260 resistance, to settle below the moving average 55 and reaching 0.9110 level.

The price needs a new negative momentum to get rid of stochastic positivity, to begin forming strong bearish wave, attempting to press on 0.9070, to renew the press on the support at 0.8975.

The expected trading range for today is between 0.9070 and 0.9180

Trend forecast: Bearish