The USDCHF price shows some bearish bias now to press on the bullish channel‘s support line, and it might head to test the key support 0.9014 before turning back to rise again.
Until now, the overall bullish trend still valid unless breaking the mentioned level and holding below it, noting that stochastic shows positive signals that supports the chances of resuming the bullish wave that its first target located at 0.9150.
The expected trading range for today is between 0.9000 support and 0.9120 resistance.
Trend forecast: Overall bullish
Origin: Economies