The USDCHF pair leaned well on the EMA50 and keeps its stability above it, noticing that stochastic reaches the oversold areas and approaches to provide positive overlapping signal on the four hours' time frame, to form positive motive that we are waiting to assist to push the price to continue the overall bullish trend.
Therefore, the bullish trend scenario will remain valid for the upcoming period, and the next target is located at 1.0130, while achieving it conditions holding above 0.9890.
Expected trading range for today is between 0.9920 support and 1.0060 resistance.
Expected trend for today: Bullish