Expected Scenario: Bullish Trend
The USDCHF pair rebounded bearishly yesterday to test the $0.9000 barrier, accompanied by stochastic indicators reaching oversold areas.
The EMA50 continues to provide support from below.
We maintain our bullish trend suggestion for the upcoming period unless the $0.9000 level is breached and held below it.
We anticipate visiting $0.9105, followed by $0.9150, as the next main stations.
Expected Trading Range for Today
Support: $0.8960
Resistance: $0.9100
Trend Forecast: Bullish
Origin: Economies