The USDCHF pair opens today’s trading with clear positivity to resume its bullish track that targets 0.9895 followed by 0.9944 levels mainly, as the price gets good positive support by the EMA50, while stochastic begins to overlap positively on the four hours’ time frame.
Therefore, we believe that the way is open to achieve the above mentioned targets, conditioned by the price stability above 0.9752 level.
Expected trading range for today is between 0.9752 support and 0.9900 resistance.
Expected trend for today: Bullish
Origin: Economies
