The USDCHF pair shows bearish bias to break the sideways range’s support line that dominates the recent trades, and as long as the price is above 0.9850, our bullish overview will remain valid for the upcoming period, supported by stochastic move at the oversold areas, waiting to rebound bullishly to resume the bullish trend that its next main target located at 1.0055.
Expected trading range for today is between 0.9850 support and 1.0000 resistance.
Expected trend for today: Bullish
Origin: Economies
