The USDCHF pair attempted to break 0.8605 but it returned to hold above it, to remain confined between the key levels represented by the mentioned support and 0.8670 resistance, which makes us continue with our neutrality until the price confirms surpassing one of these levels followed by detecting the next targets clearly.
Note that breaching the resistance will lead the price to resume the bullish wave that targets 0.8725 followed by 0.8850 levels as next main stations, while breaking the support represents negative factor that will push the price to return to the main bearish track and achieve negative targets that start at 0.8465.
The expected trading range for today is between 0.8560 support and 0.8700 resistance.
The expected trend for today: Neutral
Origin: Economies
