The USDCHF pair provides slight negative trades to move near 0.9900 barrier, noticing that stochastic gets rid of its negative momentum to fluctuate near the oversold areas, which forms positive motive that we are waiting to assist to push the price to resume the bullish trend, which its next target located at 0.9990.
Therefore, our bullish overview will remain valid for the upcoming period unless breaking 0.9836 and holding below it.
The expected trading range for today is between 0.9870 support and 0.9990 resistance.
The expected trend for today: Bullish
Origin: Economies
