The dollar versus the franc rushed strongly up last Friday to breach the 0.9456 level and is testing the pivotal resistance 0.9541, which formed a strong resistance against the price, where we notice that the price started to bounce down from there, supported by The negative signal provided by Stochastic is awaiting further decline, to visit initially 0.9456.
Consequently, the bearish slope will be expected for today, and breaking the target level will push the price to 0.6350 as the next negative station, while the expected decline will remain valid unless the price rushes to breach the 0.9541 level and stability above it. p>
The expected trading range for today is between 0.9450 support and 0.9570 resistance
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