The USDCHF price shows additional negative trades to test the EMA50 that forms good support against the price, accompanied by witnessing clear positive signals through stochastic now, which forms positive motive that we believe it will push the price to resume the main bullish trend in the upcoming sessions, which its targets begin by testing 0.9014.
Therefore, we expect to witness positive trades today, noting that breaking 0.8884 will stop the suggested bullish wave and push the price to turn to decline.
The expected trading range for today is between 0.8880 support and 0.9000 resistance.
Trend forecast: Bullish
Origin: Economies
