The USDCHF pair settles below 0.8860 level, to keep the negative pressure valid for the upcoming period, supported by stochastic reach to the overbought areas, waiting to head towards 0.8760 as a next main target.
On the other hand, we should note that breaching 0.8860 and holding above it will stop the suggested decline and push the price to resume the correctional bullish trend again.
The expected trading range for today is between 0.8780 support and 0.8890 resistance.
The expected trend for today: Bearish
Origin: Economies
