UsdChf- to maintain its range?

2020-01-18 15:38:43

For more than a year and a half, UsdChf is trading in a range with a bottom at around 0.96 and a top around 1.00 (more or less)
Recently the pair was traded very near of the bottom of the range with a low at 0.9611
I believe the pair will continue its range-bound trading and a rise towards to top is probable.
For this scenario to be valid we need a daily close above 0.97 zone thou...
A dive under 0.96 would negate our view and expose 0.92 support