The USDCHF pair succeeded to touch our second waited target at 0.9900 and attempts to breach it, as it closed the daily candlestick above it, which offers positive signals that support the continuation of the bullish trend in the upcoming period, it might be preceded by some temporary bearish bias affected by stochastic negativity.
The EMA50 provides continuous positive support to the expected bullish wave, which its continuation conditions holding above 0.9800 level.
Expected trading range for today is between 0.9800 support and 1.0000 resistance.
Expected trend for today: Bullish
Origin: Economies
