The USDCHF pair shows bullish bias to approach from the key resistance 0.9864, which represents one of the next trend keys besides 0.9700 support, which urges monitoring the price behavior in the upcoming sessions, as breaching the mentioned resistance represents the first key to regain the main bullish trend that its targets begin at 1.0000 and extend to 1.0326.
On the other hand, breaking 0.9700 level will push the price to visit the most important support to the short term trading at 0.9578, therefore, we will continue with our neutrality until the price succeeds to breach one of the above mentioned key levels.
Expected trading range for today is between 0.9760 support and 0.9900 resistance.
Expected trend for today: Depends on the above mentioned levels
Origin: Economies
