USDCHF Price Analysis
Expected Scenario
The USDCHF price is testing the key support line 0.8885, waiting to break this level to confirm opening the way to achieve more bearish correction in the upcoming period, reminding you that our next target reaches 0.8780.
The negative effect of the double top pattern supports the continuation of the expected bearish trend on the intraday and short-term basis, reminding you that breaching 0.8945 will push the price to achieve intraday rise to test 0.9014 before any new attempt to decline.
Expected Trading Range
Between 0.8830 support and 0.8970 resistance
Trend Forecast: Bearish
Origin: Economies
