The USDCHF pair touched 0.8900 barrier and finds good resistance there, noticing that stochastic overlaps positively now, waiting to motivate the price to breach this level and open the way to rally towards our next positive station at 0.9000.
Therefore, the bullish trend scenario will remain valid and active, organized inside the bullish channel that appears on the chart, noting that breaking 0.8835 will stop the expected rise and push the price to start bearish correction on the intraday basis.
The expected trading range for today is between 0.8835 support and 0.8980 resistance.
Trend forecast: Bullish
Origin: Economies
