The USDCHF price breached 0.8670 level clearly and ended yesterday above it, to head towards achieving expected gains in the upcoming sessions, targeting visiting 0.8778 as a next positive station, noting that breaching this level will lead the price to rally towards 0.8880 on the near term basis.
Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, noting that breaking 0.8673 will stop the positive scenario and push the price to decline again.
The expected trading range for today is between 0.8650 support and 0.8790 resistance.
Trend forecast: Bullish
Origin: Economies
