The USDCHF pair continued to decline yesterday to surpass 1.0000 barrier, but it stopped at the bullish channel’s support line that appears on the chart, accompanied by witnessing clear positive signals through stochastic, which supports the chances of resuming the bullish wave, awiting to test 1.0064 initially.
Therefore, we expect the continuation of the bullish trend domination in the upcoming sessions, noting that breaking 0.9920 will press on the price to achieve more bearish correction before turning back to rise again.
The expected trading range for today is between 0.9900 support and 1.0010 resistance.
Origin: Economies
