The USDCHF pair shows sideways trading keeping its stability above 0.9848 level, noticing that stochastic got rid of its negativity to reach the oversold areas now, which forms positive motive that we are waiting to assist to push the price to resume the bullish trend on the intraday basis, which its targets begin at 0.9944 and extend to 1.0062.
The EMA50 keeps supporting the expected bullish wave, which its continuation conditions holding above 0.9848.
Expected trading range for today is between 0.9800 support and 0.9970 resistance.
Expected trend for today: Bullish
Origin: Economies
