The USDCHF price shows some slight bullish bias to approach 0.9014 level, noticing that stochastic begins to overlap negatively now, waiting to motivate the price to resume the expected bearish trend on the intraday basis, which targets 0.8885 as a next station.
Holding below 0.9014 is important to the continuation of the expected decline, as breaching it will stop the correctional bearish scenario and lea the price to regain the main bullish trend again.
The expected trading range for today is between 0.8900 support and 0.9050 resistance.
Trend forecast: Bearish
Origin: Economies
