The general trend: the dollar is still trading against the Swiss franc in a cross-sectional direction, which is prone to rise, as it continues for the third week in a row trading between the levels of 0.9620 to 0.9765, noting the beginning of the penetration of the bid area that turned into Zones demand at 0.9770 levels, in the beginning of trading this week, which leads the pair to more gains to target 0.9810 then 09860 levels.
As for the alternative scenario: In the event that the price fails to stabilize above the 0.9765 levels, we will witness a return once again to the sideways trend between the previously mentioned levels, although the upside scenario is the strongest at the present time.
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Expected general trend: bullish
Expected traffic range: 0.9770 to 0.9860
