The USDCHF price succeeded to achieve our waited target at 0.8883 and breached it to settle above it, confirming the continuation of the bullish wave on the intraday and short-term basis, to head towards visiting 0.8945 followed by 0.9010 levels as next main targets.
Stochastic begins to get rid of its negative momentum, waiting to get positive motive that assist to push the price to continue the rise, noting that breaking 0.8883 will stop the bullish rally and push the price to turn to decline.
The expected trading range for today is between 0.8830 support and 0.8960 resistance.
Trend forecast: Bullish
Origin: Economies
