The USDCHF pair traded within sideways track yesterday keeping its stability above 0.9848 level, to keep the bullish trend scenario valid and active for the upcoming period, supported by the EMA50, noting that stochastic begins to overlap positively to provide positive motive that we are expect to assist to push the price to achieve gains on the intraday and short term basis.
Our main targets begin at 0.9944 and extend to 1.0062 after breaching the previous level, while breaking 0.9848 level represents negative factor that will push trading to return to the main bearish track.
Expected trading range for today is between 0.9800 support and 0.9970 resistance.
Expected trend for today: Bullish
Origin: Economies
