The USDCHF pair declined strongly yesterday after breaking 0.8825 level, to touch 0.8775 level direct, noticing that the price consolidates above this support, accompanied by witnessing clear positive signals through stochastic, which encourages us to suggest the beginning of intraday bullish wave that targets testing 0.8825 initially, noting that breaching this level will push the price to 0.8890 as a next main station.
Therefore, the bullish bias will be suggested for today unless breaking 0.8775 and holding below it.
The expected trading range for today is between 0.8730 support and 0.8860 resistance.
The expected trend for today: Bullish
Origin: Economies
