The USDCHF pair tests the key resistance 0.9090 now, which represents one of the next trend keys besides 0.9025 support, and as we mentioned in our recent reports, the price needs to breach one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.
The contradiction between the EMA50 positivity and stochastic negativity provides another reason for neutrality, while the details of the expected targets after the breach are explained in our previous report.
The expected trading range for today is between 0.9000 support and 0.9160 resistance.
The expected trend for today: Neutral
Origin: Economies
