The USDCHF pair managed to confirm breaching 0.9800 level and rallied bullishly to approach from our next target at 0.9900, supported by the EMA50 that keeps carrying the price from below, hinting the extension of the bullish wave in the upcoming period, noting that breaching 0.9900 level will extend the pair’s gains to reach 1.0000 as a next main station.
Therefore, we expect the continuation of the bullish trend domination on the upcoming sessions conditioned by the price stability above 0.9800 level.
Expected trading range for today is between 0.9800 support and 0.9970 resistance.
Expected trend for today: Bullish
Origin: Economies
