The USDCHF price resumes its positive trading to surpass the first target at 0.9135 and confirm the continuation of the bullish trend on the intraday and short-term basis, waiting to test 0.9195 as a next target, organized inside the bullish channel that appears on the chart.
Stochastic current negativity might cause some temporary sideways fluctuation before resuming the bullish trend, which will remain valid conditioned by the price stability above 0.9095.
The expected trading range for today is between 0.9110 support and 0.9240 resistance.
Trend forecast: Bullish
Origin: Economies