The USDCHF pair retested 0.9864 level and kept its stability above it, which keeps the bullish trend scenario valid and active until now, supported by stochastic reach to the oversold areas, besides the positive support that the EMA50 continues to provide.
Therefore, we are waiting for positive trading in the upcoming sessions, and the targets begin at 1.0000 and extend to 1.0326, reminding you that breaking 0.9864 level will push the price to visit 0.9700 and might extend to 0.9578 before any new attempt to rise.
Expected trading range for today is between 0.9805 support and 0.9950 resistance.
Expected trend for today: Bullish
Origin: Economies
