The USDCHF price attempted to breach 0.8673 but it returns to trade below it again, which keeps the bearish trend scenario valid for the upcoming period, waiting to visit 0.8543 as a next main target.
Stochastic overlaps negatively now to support the expectations to decline, which will remain valid conditioned by the price stability below 0.8673.
The expected trading range for today is between 0.8570 support and 0.8700 resistance.
Trend forecast: Bearish
Origin: Economies
