The USDCHF price still stable below 0.8670 level, which hints the difficulty to breach and head to decline again, to head towards potential visit to 0.8540 areas in the upcoming sessions.
Therefore, the bearish bias will be suggested for today, and breaking 0.8630 will ease the mission to achieve the expected decline, noting that breaching 0.8670 will stop the negative scenario and push the price to achieve new gains that reach 0.8780.
The expected trading range for today is between 0.8570 support and 0.8710 resistance.
Trend forecast: Bearish
Origin: Economies