The USDCHF pair returns to provide positive trading and move above 1.0072, but it’s still confined between the key levels represented by 1.0010 support and 1.0133 resistance, and as we mentioned yesterday, the price needs to breach one of these levels to detect its next destination clearly, which makes us continue with our neutrality until now.
We remind you that breaking the mentioned support will push the price to return to the bearish trend that its targets begin at 0.9812, while breaching the resistance will lead the price to achieve gains that start at 1.0209 and extend to 1.0332.
Expected trading range for today is between 1.0000 support and 1.0133 resistance.
Expected trend for today: Depends on the above mentioned levels
Origin: Economies
