The USDCHF pair declined clearly in the previous sessions to reach the thresholds of the waited target at 0.9066, facing contradiction between the technical factors that makes us prefer to stay aside until we get clearer signal for the next trend, through breaking 0.9066 support or breaching 0.9155 resistance.
Note that breaking the mentioned support will push the price to achieve more bearish correction that its next target reaches 0.8970, while breaching the resistance will lead the price to regain the main bullish trend that its targets begin at 0.9225 and extend to 0.9300.
The expected trading range for today is between 0.9030 support and 0.9170 resistance.
The expected trend for today: Neutral
Origin: Economies
