The USDCHF pair attempts to breach 0.9990 level without managing to hold above it until now, noticing that stochastic managed to get rid of its negative momentum to reach the oversold areas, which forms positive motive that we are waiting to assist to push the price to resume the bullish wave, which its next main target located at 1.0128.
Therefore, our positive overview will remain valid until now, noting that breaking 0.9965 will press on the price to visit 0.9900 level before any new positive attempt.
The expected trading range for today is between 0.9940 support and 1.0060 resistance.
The expected trend for today: Bullish
Origin: Economies
