The USDCHF pair settles near the EMA50 that provides positive support to the price, noticing that stochastic shows positive overlapping signals now, waiting to motivate the price to provide positive trades in the upcoming sessions, on its way to head towards 0.9990 that represents our next main target.
Therefore, the bullish trend scenario will remain valid and suggested conditioned by the price stability above 0.9836.
The expected trading range for today is between 0.9870 support and 0.9990 resistance.
The expected trend for today: Bullish
Origin: Economies
