The USDCHF price shows new positive trades to head towards potential test to the key resistance 0.8543, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend, which its next target reaches 0.8332.
We should note that the continuation of the rise and breaching 0.8543 will stop the expected bearish trend and lead the price to turn to rise.
The expected trading range for today is between 0.8440 support and 0.8580 resistance.
Trend forecast: Bearish
Origin: Economies