The USDCHF pair couldn’t manage to hold for long time above 0.9345, to trade with clear negativity and press on the key support 0.9315, and as we mentioned yesterday, the price needs to consolidate above this level to keep the bullish trend active, as breaking it will press on the price to test 0.9265 initially.
Note that breaching 0.9345 is required to confirm rallying towards 0.9400 that represents our next main target.
The expected trading range for today is between 0.9280 support and 0.9390 resistance.
The expected trend for today: Bullish
Origin: Economies
