The USDCHF pair settles above the breached resistance line that appears on the chart, getting continuous positive support by the EMA50, while stochastic gets rid of its negative momentum to reach the oversold areas.
Therefore, these factors encourage us to keep our bullish overview for the upcoming period, which its next target located at 0.9990, while achieving it conditions holding above 0.9836.
The expected trading range for today is between 0.9900 support and 1.0000 resistance.
The expected trend for today: Bullish
Origin: Economies
