The USDCHF pair continues to fluctuate around 0.9730 level and keeps its stability below it until now, which keeps our bearish overview valid for the upcoming period, and the price needs to surpass 0.9700 level to ease the mission of heading towards our waited negative target at 0.9626.
We remind you that breaching 0.9730 will lead the price to turn to rise and head towards 0.9800 followed by 0.9900 levels on the near term basis.
The expected trading range for today is between 0.9650 support and 0.9770 resistance.
The expected trend for today: Bearish
Origin: Economies