The USDCHF pair hovers around 0.9630 level since yesterday, to hint the attempt to breach it and turn to rise, which makes us prefer to stay aside until the price confirms its situation according the mentioned level.
Note that breaching this level will push the price to achieve intraday gains that start by visiting 0.9730 areas, while consolidating below it will revive the bearish trend scenario that targets 0.9525 as a first negative station.
The expected trading range for today is between 0.9550 support and 0.9690 resistance.
The expected trend for today: Neutral
Origin: Economies
