The USDCHF pair shows sideways trades to fluctuate around the EMA50, noticing that stochastic shows clear oversold signals now, waiting to motivate the price to resume the expected bullish wave on the intraday basis, which targets 0.8550 followed by 0.8700 levels as next main stations.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.8450 and holding below it.
The expected trading range for today is between 0.8440 support and 0.8570 resistance.
The expected trend for today: Bullish
Origin: Economies
