The USDCHF pair continued its negative trading to approach from the sideways range support line at 1.0075, to keep trading confined inside this range that its resistance located at 1.0190, waiting to breach one of these levels to detect the next targets clearly.
Note that breaking 1.0075 level will complete forming negative formation that has the ability to push the price to extend its bearish correction towards 1.0005 and might extend to 0.9894, while breaching 1.0190 will open the way to regain the main bullish trend that targets the previously recorded top at 1.0326 as a next main station.
Expected trading range for today is between 0.9980 support and 1.0200 resistance.
Expected trend for today: Sideways
Origin: Economies
