The USDCHF price shows more bullish bias to approach 0.9014 level, reminding you that this level is important to detect the next trend, which urges caution from the upcoming trading.
We prefer to stay aside until we get clearer signal for the next trend, noting that the continuation of the rise and breaching 0.9014 will push the price to achieve new positive targets that reach 0.9200, while breaking 0.8950 represents negative factor that will push the price to test the key support 0.8885 initially.
The expected trading range for today is between 0.8930 support and 0.9070 resistance.
Trend forecast: Neutral
Origin: Economies