The USDCHF price shows some temporary bearish bias, noticing that stochastic overlaps positively now, waiting to motivate the price to resume the main bullish trend, which its next target reaches 0.9195.
The bullish channels organize the suggested bullish waves and support the expectations of continuing the rise in the upcoming period, which will remain valid conditioned by the price stability above 0.9060 that represents the first protection factor to the continuation of the positive scenario.
The expected trading range for today is between 0.9030 support and 0.9170 resistance.
Trend forecast: Bullish
Origin: Economies
