The EMA50 managed to form good support base that stopped the USDCHF pair’s last negative attempts, to begin rising now, in attempt to resume the recently suggested bullish trend, which gets support by stochastic positivity.
Therefore, we are waiting to head towards 1.0000 followed by 1.0130 levels initially, reminding you that holding above 0.9800 represents the most important condition to achieve the suggested targets.
Expected trading range for today is between 0.9800 support and 1.0050 resistance.
Expected trend for today: Bullish
Origin: Economies.com
