The USDCHF Price Analysis
Expected Scenario
The USDCHF price settles above 0.9014 level, noticing that stochastic begins to get rid of its negative momentum, while the EMA50 provides the positive support to the price.
Therefore, we are waiting for more expected rise in the upcoming sessions, which its next target located at 0.9200, noting that breaking 0.9014 will stop the bullish trend and push the price to return to the correctional bearish track again.
Expected Trading Range
The expected trading range for today is between 0.8980 support and 0.9120 resistance.
Trend Forecast: Bullish
Origin: Economies
