The USDCHF pair opens today’s trading with a clear negativity to move below 0.9200, which requires being aware from the upcoming trading, where the price needs to settle above this level as an initial condition for the continuation of the expected trend in the upcoming period, that targets 0.9265 level as a next station.
Stochastic shows oversold signals to support the positive expectations, where its continuation conditioned by holding above 0.9200 and 0.9140 levels.
The expected trading range for today is between 0.9150 support and 0.9250 resistance.
The expected trend for today: Bullish
Origin: Economies
