The USDCHF pair attempted to breach 0.8775 level again but it finds difficulty to confirm the breach, to show some bearish bias and head towards new potential test to 0.8720 level, waiting to get positive motive that assist to push the price to surpass the mentioned resistance and confirm extending the correctional bullish wave towards our next target at 0.8825.
In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.8720 – 0.8700 levels and holding below them.
The expected trading range for today is between 0.8680 support and 0.8820 resistance.
The expected trend for today: Bullish
Origin: Economies