The USDCHF pair shows some slight bearish bias now after it found difficulty to confirm breaching 0.9900 level, noticing that the price gains the positive momentum clearly, to provide positive motive that we expect to support the continuation of the bullish wave in the upcoming sessions, waiting to test 1.0000 level as a next main station.
Therefore, the bullish bias will be suggested on the intraday and short term basis, supported by the EMA50, conditioned by the price stability above 0.9800 level.
Expected trading range for today is between 0.9800 support and 1.0000 resistance.
Expected trend for today: Bullish
Origin: Economies
