The USDCHF pair returns to fluctuate around the EMA50, which keeps supporting the price from below, noticing that stochastic provides positive signals that we expect to motivate the price to resume the intraday bullish trend, which its next target located at 0.9066.
Therefore, the bullish trend scenario will remain active, reminding you that it is important to hold above 0.8968 to continue the expected rise.
The expected trading range for today is between 0.8970 support and 0.9100 resistance.
The expected trend for today: Bullish
Origin: Economies
