The USDCHF pair succeeded to achieve our waited target at 0.9920 and settled there, which forms key support that might push the price to resume the bullish wave again, which makes us prefer to stay aside until we get clearer signal for the next trend.
Note that breaking 0.9920 will press on the price to continue the decline and head to visit 0.9860 direct, while breaching 0.9980 will push the price to resume the bullish wave to test the previously recorded high at 1.0064 initially.
The expected trading range for today is between 0.9860 support and 1.0020 resistance.
The expected trend for today: Neutral
Origin: Economies
