USDCHF inside symmetrical triangle's lines – Analysis - 27-06-2017

The USDCHF pair's recent trades are confined inside symmetrical triangle's pattern that appears on chart, thus, the price needs to breach one of its lines represented by 0.9680 support and 0.9750 resistance to confirm its next destination clearly, which makes us prefer staying aside until we get clearer trend confirmation signal.

Note that breaking the mentioned support will push the price to resume its main bearish track that its next target located at 0.9578, while breaching the resistance represents positive factor that will push the price to achieve gains that start at 0.9812 and extend to 0.9864.

Expected trading range for today is between 0.9630 support and 0.9800 resistance.

Expected trend for today: Depends on the above mentioned levels