The USDCHF pair settles above 0.8825 level, showing some bearish bias by today’s open, affected by stochastic negativity, waiting to get positive motive to assist to push the price to resume the bullish wave that targets 0.8890 as a next station, noting that breaching this level will extend the bullish wave on the longer-term basis to reach 0.8995 areas.
Therefore, our bullish overview will remain valid conditioned by the price stability above 0.8825 and the most important above 0.8775.
The expected trading range for today is between 0.8780 support and 0.8920 resistance.
The expected trend for today: Bullish
Origin: Economies
