The USDCHF pair shows more of the bullish bias moves to hit the intraday bullish channel’s resistance, and it might show some temporary bearish bias affected by stochastic negativity before resuming the main bullish trend, which targets 1.0128 level as a next station.
The EMA50 provides continuous positive support for the price, reminding you that the continuation of the suggested bullish wave depends on the stability above 0.9990 level.
The expected trading range for today is between 1.0015 support and 1.0128 resistance.
The expected trend for today: Bullish
Origin: Economies
