USDCHF Price Analysis
Expected Scenario
The USDCHF price trades positively to head towards potential test to the key resistance 0.9014, noticing that stochastic lost its positive momentum to show clear overbought signals, waiting to push the price to resume the correctional bearish trend, which targets 0.8885 as a next station.
Holding below 0.9014 represents major condition to the continuation of the expected decline, as breaching it will push the price to recover and resume the main bullish trend again.
Expected Trading Range
Between 0.8900 support and 0.9040 resistance.
Trend Forecast: Bearish
Origin: Economies
