The USDCHF pair pushes negatively on the support base formed above 0.9900 after breaching it previously, accompanied by stochastic move near the oversold areas, besides that the EMA50 keeps providing the positive support to the price.
As long as the daily candlestick was achieved above 0.9900 level, we believe that the chances are valid to trade positively in the upcoming sessions, reminding you with our next main target located at 1.0000, which achieving it conditions holding above 0.9800 level.
Expected trading range for today is between 0.9800 support and 1.0000 resistance.
Expected trend for today: Bullish
Origin: Economies
