The USDCHF pair managed to touch our waited target at 0.8968 and finds solid support there, to show some slight bullish bias, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the negative trades to break the mentioned level and open the way to head towards 0.8890 as a next negative station.
Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.9066.
The expected trading range for today is between 0.8910 support and 0.9060 resistance.
The expected trend for today: Bearish
Origin: Economies
