The USDCHF pair still at the intraday bearish channel’s support line, noticing that stochastic gets rid of its negative momentum gradually, while the EMA50 continues to support the price from below.
Therefore, these factors encourage us to suggest the bullish trend in the upcoming sessions, which its targets begin by testing 0.9990 level again, reminding you that it is important to hold above 0.9895 to continue the suggested rise.
The expected trading range for today is between 0.9880 support and 0.9990 resistance.
The expected trend for today: Bullish
Origin: Economies
