The USDCHF price didn’t show any strong move yesterday, to remain stable below 0.8543 level, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the bearish wave that we expect to target 0.8430$ areas as a next negative station, reminding you that the continuation of the bearish trend conditions the price stability below 0.8543.
The expected trading range for today is between 0.8440 support and 0.8570 resistance.
Trend forecast: Bearish
Origin: Economies
