The USDCHF pair hovers around 0.9700 level, and the price still confined between 0.9578 support and 0.9864 resistance, thus, the sideways range still dominating the intraday trading, waiting to breach one of these levels to detect the next destination clearly.
We remind you that breaking the mentioned support will push the price to extend the correctional bearish wave towards 0.9346 as a next main station, while breaching 0.9864 resistance represents important positive key to regain the main bullish track that its next target located at 1.0326.
Expected trading range for today is between 0.9650 support and 0.9800 resistance.
Expected trend for today: Sideways
Origin: Economies
