The USDCHF pair succeeded to breach 0.9995 level yesterday and rallied upwards to achieve some intraday gains, showing some slight bearish now to test the mentioned level that turns into key support base, while stochastic gets rid of its negative momentum gradually to head towards the oversold areas.
Therefore, we expect resuming the bullish track in the upcoming sessions, supported by the EMA50 that keeps carrying the price from below, organized inside the bullish channel that appears on chart, reminding you that our next main target is located at 1.0100, while the price needs to hold above 0.9935 and 0.9860 levels to achieve the waited targets.
Expected trading range for today is between 0.9935 support and 1.0060 resistance.
Expected trend for today: Bullish