The USDCHF price fluctuates around 0.8885 level, noticing that stochastic attempts to get rid of its negative momentum, waiting to get positive motive that assist to push the price to resume the bullish wave and head towards 0.8930 followed by 0.9014 that represent our next positive targets.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.8885 will stop the bullish trend and put the price under the correctional bearish pressure again.
The expected trading range for today is between 0.8830 support and 0.8960 resistance.
Trend forecast: Bullish
Origin: Economies
