The USDCHF pair continued to decline to surpass our waited target at 0.9135 and reach few pips away from the recently recorded low at 0.9060, noticing that the price begins to rebound bullishly to build bullish wave that we expect to target 0.9220 followed by 0.9316 levels as next positive stations.
Therefore, the bullish bias will be expected for today, supported by stochastic positivity, noting that breaking 0.9060 will stop the expected rise and press on the price to resume the main bearish wave.
The expected trading range for today is between 0.9070 support and 0.9220 resistance.
The expected trend for today: Bullish
Origin: Economies