The USDCHF pair managed to touch our waited target at 0.9225 and attempts to breach it now, reinforcing the chances of continuing the bullish wave that targets 0.9300 as a next main station.
Stochastic gathers the positive momentum to support the expectations to rise, and the EMA50 continues to provide the positive support to the price, noting that breaking 0.9140 will stop the positive scenario and push the price to return to the correctional bearish track again.
The expected trading range for today is between 0.9160 support and 0.9300 resistance.
The expected trend for today: Bullish
Origin: Economies
