The USDCHF price shows some slight bearish bias, and by taking a deeper look at the chart, we find that the price is confined inside minor bearish channel that we believe it forms bullish flag pattern, thus, we suggest resuming the bullish trend in the upcoming sessions to head towards achieving new positive targets that start at 0.8945 and extend to 0.9010.
Stochastic provides positive signals that support the suggested rise, which will remain valid conditioned by the price stability above 0.8860.
The expected trading range for today is between 0.8830 support and 0.8960 resistance.
Trend forecast: Bullish
Origin: Economies
