The USDCHF pair shows sideways trades since yesterday, moving around the EMA50, noticing that stochastic provides new positive signals, waiting to motivate the price to resume the expected bullish trend on the intraday basis, which its next target located at 0.9000.
The bullish channel organizes the suggested bullish wave, which will remain valid conditioned by the price stability above 0.8770.
The expected trading range for today is between 0.8770 support and 0.8900 resistance.
The expected trend for today: Bullish
Origin: Economies
