The USDCHF price continues to fluctuate near 0.9990 level, noticing that stochastic gains the positive momentum gradually, waiting to motivate the price to breach the mentioned level to head towards our next waited target at 1.0070.
Therefore, we will keep our bullish overview on the intraday basis supported by the EMA50, conditioned by the price stability above 0.9900.
Expected trading range for today is between 0.9920 support and 1.0070 resistance.
Expected trend for today: Bullish