The USDCHF pair shows sideways trades since yesterday, noticing that stochastic reaches the overbought areas, waiting to motivate the price to resume the expected bearish trend on the intraday and short term basis, which its targets begin by surpassing 0.8810 to open the way to rally towards 0.8710, reminding you that the continuation of the bearish wave depends on the price stability below 0.8888.
The expected trading range for today is between 0.8770 support and 0.8890 resistance.
The expected trend for today: Bearish
Origin: Economies
