The tight range keeps dominating the USDCHF price trades, which continues to fluctuate at 0.8673 level, noticing that stochastic gains new positive momentum, waiting to assist to breach the mentioned level and confirm extending the bullish wave on the intraday and short term basis, reminding you that the next targets reach 0.8730 followed by 0.8778.
Holding above 0.8630 is important to the continuation of the expected rise, as breaking it will push the price to turn to decline and head to visit 0.8543 areas mainly.
The expected trading range for today is between 0.8590 support and 0.8720 resistance.
Trend forecast: Bullish
Origin: Economies
