The USDCHF pair attempted to breach 0.9265 yesterday and returns to fluctuate around it, noticing that the EMA50 continues to support the price from below, to reinforce the chances of continuing the rise in the upcoming sessions, which its next main target located at 0.9345.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, supported by stochastic getting rid of the negative momentum, noting that holding above 0.9200 is required to continue the expected rise.
The expected trading range for today is between 0.9230 support and 0.9320 resistance.
The expected trend for today: Bullish
Origin: Economies
