The USDCHF pair is testing 0.9900 support level now, as the EMA50 meets this level to add more strength to it, accompanied by stochastic entering the oversold areas.
Therefore, these factors encourage us to keep our bullish overview for the upcoming sessions, and the next target is located at 1.0000, noting that breaking 0.9900 followed by 0.9860 levels will put the price under negative pressure that turns the intraday and short term track to the downside.
Expected trading range for today is between 0.9860 support and 1.0050 resistance.
Expected trend for today: Bullish
Origin: Economies
