The USDCHF price broke 0.8850 clearly to trade with clear negativity and head towards the expected negative target at 0.8778, noting that the continuation of the decline and breaking this level will extend the bearish wave to reach 0.8673 areas as a next main station.
Holding below 0.8883 keeps the negative scenario valid, as breaching it will lead the price to recover and resume the bullish track again.
The expected trading range for today is between 0.8770 support and 0.8890 resistance.
Trend forecast: Bearish
Origin: Economies
