The USDCHF price succeeded to achieve our waited target at 0.8543 and finds solid resistance there, to head towards starting expected bearish wave in the upcoming sessions, on its way to achieve negative targets that start at 0.8465 followed by 0.8400.
Therefore, we expect to witness negative trades today, noting that breaching 0.8543 will lead the price to achieve additional gains that reach 0.8600 followed by 0.8676.
The expected trading range for today is between 0.8450 support and 0.8580 resistance.
Trend forecast: Bearish
Origin: Economies
