The USDCHF pair managed to touch our first main waited target at 0.9880 and bounced strongly to the downside from there, to approach from the key support base 0.9752, which is met by the EMA50 to add more strength to it, accompanied by stochastic entering the oversold areas now, which forms positive factors that support the chances of bouncing bullishly to resume the bullish trend again.
Therefore, we will continue to suggest the bullish trend in the upcoming period as long as the price is above 0.9752 level, reminding you that our next main target is located at 0.9944.
Expected trading range for today is between 0.9700 support and 0.9944 resistance.
Expected trend for today: Bullish
Origin: Economies
