The USDCHF price provided additional positive trades to reach the thresholds of 0.8950 level, showing some bearish bias affected by stochastic negativity, noticing that the indicator gets rid of its negative momentum to reach the oversold areas, waiting to motivate the price to resume the main bullish trend, which its targets extend to reach 0.9014.
Therefore, the bullish trend scenario will remain active unless breaking 0.8883 and holding below it.
The expected trading range for today is between 0.8870 support and 0.8985 resistance.
Trend forecast: Bullish
Origin: Economies
