The USDCHF price faces strong resistance formed by the EMA50 against the positive attempts, to show some slight bearish bias, noticing that stochastic gains the positive momentum again, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its targets begin by breaching 0.9100 to confirm opening the way to target 0.9150 followed by 0.9224 levels as next main stations.
On the other hand, we should note that breaking 0.9014 will stop the bullish wave and push the price to turn to decline.
The expected trading range for today is between 0.8980 support and 0.9110 resistance.
Trend forecast: Bullish
Origin: Economies
