USDCHF Price Analysis
Expected Scenario
The USDCHF price remains stuck inside the sideways range between 0.8885$ support and 0.9014$ resistance.
The price needs to surpass one of these levels to determine its next targets clearly, keeping the sideways move scenario dominant on the intraday basis.
Breaking the mentioned support will likely push the price into a new bearish correction phase with the next target around 0.8780$.
On the other hand, breaching the resistance would be key to regain the main bullish trend and target gains starting at 0.9100$ and extending to 0.9224$.
Expected Trading Range
Between 0.8830$ support and 0.8980$ resistance.
Trend Forecast: Sideways
Origin: Economies
