The USDCHF pair faced temporary negative pressure yesterday to test the key support 0.9925, and bounced bullishly to resume the main bullish track, waiting for more rise to head towards our main target at 1.0064.
Stochastic provides positive signals that support the chances of achieving more rise in the upcoming sessions, noting that holding above 0.9920 represents initial condition to continue the suggested rise.
The expected trading range for today is between 0.9920 support and 1.0060 resistance.
The expected trend for today: Bullish
Origin: Economies
