The USDCHF price faced negative pressure yesterday to approach 0.8543, noticing that stochastic got rid of its negative momentum to reach the oversold areas, waiting to motivate the price to resume the expected bullish trend on the intraday basis, which its next target reaches 0.8673.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.8543 and holding below it.
The expected trading range for today is between 0.8520 support and 0.8650 resistance.
Trend forecast: Bullish
Origin: Economies
