The USDCHF price succeeded to achieve our first negative target at 0.8455 and attempts to break it, to continue suggesting the bearish trend for the upcoming period, reminding you that our next target is located at 0.8332.
Stochastic loses its positive momentum clearly to support the expectations to decline, reminding you that it is important to hold below 0.8543 to continue the expected bearish trend.
The expected trading range for today is between 0.8380 support and 0.8520 resistance.
Trend forecast: Bearish
Origin: Economies
