The USDCHF needs the positive momentum – Analysis - 10-06-2022
The USDCHF pair tested 0.9730 level yesterday and bounced upwards clearly, to keep the bullish trend scenario active on the intraday and short term basis, and the way is open to achieve our next target at 0.9860.
The price might witness some temporary sideways fluctuation until getting positive momentum that assists to push trades to continue the suggested bullish trend, noting that the continuation of the bullish wave requires holding above 0.9730.
The expected trading range for today is between 0.9730 support and 0.9860 resistance.
The expected trend for today: Bullish