The USDCHF pair returns to test the intraday bullish channel’s support line that appears on the chart, noticing that stochastic gathers th positive momentum to reach the oversold areas now, reinforcing the chances of continuing the expected bullish trend for the upcoming period, which its next target located at 1.0055, while holding above 0.9850 represents key condition to continue the expected rise.
Expected trading range for today is between 0.9850 support and 1.0000 resistance.
Expected trend for today: Bullish