The USDCHF pair showed some positive attempts on last Friday after leaning on the key support 0.9848, as the EMA50 meets this level to add more strength to it, while stochastic heads upwards on the four hours’ time frame.
Therefore, these factors encourage us to keep our bullish overview, which targets 0.9944 followed by 1.0062 levels mainly, noting that breaking 0.9848 level will push the price to decline and return to the main bearish trend.
Expected trading range for today is between 0.9800 support and 0.9970 resistance.
Expected trend for today: Bullish
Origin: Economies
