The USDCHF price settles above the breached resistance that appears on the chart, to keep the positive scenario valid in the upcoming period, supported by the EMA50 that carries the price from below, waiting to target 1.0055 level as a next main stations.
Stochastic begins to get rid of its negative momentum to support the positive overview, which its continuation conditions holding above 0.9950 and 0.9910 levels.
Expected trading range for today is between 0.9910 support and 1.0030 resistance.
Expected trend for today: Bullish
Origin: Economies
