The USDCHF pair provided slight negative trades yesterday after facing solid resistance formed by the EMA50, while stochastic continues to provide the positive signals on the daily time frame, to keep the chances valid to rise in the upcoming sessions, as we are waiting to head towards 0.9990 as a main positive target.
Therefore, we will continue to suggest the bullish trend on the intraday basis unless breaking 0.9836 level and holding below it.
The expected trading range for today is between 0.9840 support and 0.9950 resistance.
The expected trend for today: Bullish
Origin: Economies
