The USDCHF pair traded with clear positivity yesterday to approach our waited target at 0.8700, showing some slight bearish bias affected by stochastic negativity, waiting to gather positive momentum that assist to push the price to resume the bullish wave and head towards 0.8740 as a next positive station.
On the other hand, we should note that breaking 0.8565 will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 0.8580 support and 0.8720 resistance.
The expected trend for today: Bullish
Origin: Economies