The USDCHF price trades are confined between 0.8850 support and 0.8883 resistance, facing contradiction between the technical factors that makes us start aside until the price confirms surpassing one of these levels to detect its next destination clearly.
Note that breaching the mentioned resistance will reactivate the bullish wave that targets 0.8935 followed by 0.9014 levels mainly, while breaking the support will push the price to decline and visit 0.8778 initially.
The expected trading range for today is between 0.8880 support and 0.8960 resistance.
Trend forecast: Neutral
Origin: Economies
