The USDCHF pair traded with clear positivity after leaning on 0.9100 level, which represents the sideways range’s support line that confines the recent trades, on its way to test this range’s resistance at 0.9200.
Until now, the sideways move scenario still dominant on the intraday basis until breaching one of the mentioned levels, reminding you that breaching the resistance will lead the price to visit 0.9265 as a first positive target, while breaking the support represents negative factor that will press on the price to test 0.9060 followed by 0.9000 levels on the near term basis.
The expected trading range for today is between 0.9100 support and 0.9200 resistance.
The expected trend for today: Sideways
Origin: Economies
