The USDCHF pair continues to fluctuate within sideways track, confined between 1.0075 support and 1.0190 resistance, and as we mentioned in our recent reports, the price needs to breach one of these levels to detect its next destination clearly, which keeps the sideways trading dominant until now.
We remind you that breaking 1.0075 level will push the price to extend the correctional bearish wave towards 1.0005 initially, while breaching 1.0190 will open the way to resume the main bullish trend that its next main target located at 1.0326.
Expected trading range for today is between 1.0050 support and 1.0230 resistance.
Expected trend for today: Sideways
Origin: Economies
