The USDCHF pair succeeded to achieve our first waited target at 0.9800, and returned to test 0.9730 level again, as it keeps its consolidation above it until now, noticing that stochastic approaches to overlap positively, waiting to motivate the price to resume the expected bullish trend on the intraday and short term basis, which targets 0.9900 level as a next main station.
Therefore, the positive scenario will remain active for the upcoming period conditioned by the price stability above 0.9730.
The expected trading range for today is between 0.9700 support and 0.9840 resistance.
The expected trend for today: Bullish
Origin: Economies
