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The USD/CHF price remains firmly below the 0.8670 level, indicating strong resistance and the potential for a further decline. This resistance suggests the possibility of a drop towards the 0.8540 region in the coming sessions.
For today, the bearish outlook is favored. A break below the 0.8630 level would facilitate the anticipated decline. Conversely, if the price surpasses 0.8670, it would negate the current negative trend and open the door for gains up to 0.8780.
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The expected trading range for today is between 0.8570 for support and 0.8710 for resistance.
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Trend Forecast: Bearish
