The USDCHF pair begins to provide bearish rebound signals after approaching from the key resistance 0.9864, as stochastic shows overbought signals that form negative pressure, which we expect to push the price to head towards 0.9578 areas mainly.
Until now, the sideways range still dominating the intraday trading, waiting to breach one of the above mentioned levels to detect the next targets clearly on the short term basis, and for more details about the expected targets after the breach, please review our previous report.
Expected trading range for today is between 0.9700 support and 0.9864 resistance.
Expected trend for today: Sideways
Origin: Economies
