The USDCHF price faced negative pressure yesterday to fluctuate around 0.8930 now, noticing that stochastic got rid of its negative momentum to show clear oversold signals now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, reminding you that our next target is located at 0.9014.
Holding above 0.8883 is important to the continuation of the suggested rise, as breaking it will push the price to turn to decline and start bearish wave that its next main target reaches 0.8778.
The expected trading range for today is between 0.8880 support and 0.9000 resistance.
Trend forecast: Bullish
Origin: Economies
