The USDCHF price tests the sideways range’s support line at 0.9835 now, which urges caution from the upcoming trading, as breaking this level will push the price to exit the mentioned range and push for more bearish correction that its next target located at 0.9766.
In general, the sideways scenario still dominant on the intraday trading until the price confirms breaking the above mentioned support or breaching 0.9990 resistance.
Expected trading range for today is between 0.9760 support and 0.9900 resistance.
Expected trend for today: Sideways
Origin: Economies
