The USDCHF pair continues to move around 0.9940 level within tight range, noticing that stochastic keeps gathering the positive momentum on the daily time frame, reinforcing the chances of resuming the expected bullish trend on the intraday and short term basis, which its main targets begin by breaching 1.0000 barrier to push the price towards 1.0326.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 0.9864.
Expected trading range for today is between 0.9864 support and 1.0050 resistance.
Expected trend for today: Bullish
Origin: Economies
