The USDCHF pair shows some bullish bias moves to approach from testing 0.9900 level, noticing that stochastic and the EMA50 provide negative signals now, which might push the price to decline.
In general, our neutral attitude remains valid until surpassing one of the next trend keys that represented by 0.9800 support and 1.000 resistance, reminding you that breaking this support will push the price to a decline that its next target located at 0.9676, while breaching 1.000 level represents positive factor that will lead the price to regain the bullish trend on the short term basis, the positive targets begin at 1.0130 then 1.0330.
Expected trading range for today is between 0.9700 support and 1.0000 resistance.
Expected trend for today: Neutral
Origin: Economies
