USDCHF Price Analysis
Expected Scenario
The USDCHF price didn’t show any strong move yesterday, as it moved within tight track around 0.8970 level, thus, no change to our neutrality, as we are waiting to breach 0.9014 resistance or break 0.8945 support to confirm the next destination clearly.
The contradiction between the technical indicators provides another reason for neutrality, while the expected targets after the breach are explained in our previous report for the USDCHF pair.
Expected Trading Range
Between 0.8900 support and 0.9050 resistance.
Trend Forecast: Neutral
Origin: Economies
