The USDCHF pair retested the previously breached resistance at 0.9676 that turns into key support base now and kept its stability above it, which keeps the bullish trend scenario valid for the upcoming period, supported by stochastic and the EMA50 positivity.
Therefore, we are waiting positive trading on the intraday and short term basis, and the next target is located at 0.9800, while holding above 0.9676 – 0.9650 levels represent key condition to the continuation of the suggested rise.
Expected trading range for today is between 0.9650 support and 0.9800 resistance.
Expected trend for today: Bullish
Origin: Economies
