The USDCHF pair shows bearish bias to reach the key support 0.6450, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the bullish trend scenario active, which targets 0.8550 followed by 0.8700 levels as next positive stations.
Stochastic shows positive signals that support the expected rise, while breaking 0.8450 represents negative factor that will push the price to return to the main bearish track again.
The expected trading range for today is between 0.8420 support and 0.8550 resistance.
The expected trend for today: Bullish
Origin: Economies
