The USDCHF price traded negatively yesterday to break 0.8840 level and settle below it, to head towards potential test to the key support 0.8778, making the bearish bias suggested for the upcoming sessions, being aware that it is important to monitor the price when reaching the mentioned level due to its importance to detect the next trend.
Holding below 0.8883 keeps the negative scenario valid, as breaching it will lead the price to resume the bullish wave and achieve new gains that reach 0.8950 followed by 0.9014.
The expected trading range for today is between 0.8770 support and 0.8890 resistance.
Trend forecast: Bearish
Origin: Economies
