The USDCHF pair managed to achieve our first waited target at 0.8545 and found solid resistance there, to show some temporary bearish bias, as it was affected by stochastic negativity that gains the positive momentum clearly now, waiting to motivate the price to resume the bullish wave that targets 0.8700 areas as a next station.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.8450 will stop the expected rise and push the price to decline again.
The expected trading range for today is between 0.8430 support and 0.8570 resistance.
The expected trend for today: Bullish
Origin: Economies
