The USDCHF pair showed some negative trading yesterday to move below 0.9900 level, noticing that the EMA50 forms good support base to protect the bullish trend scenario suggested in our recent reports, which supports the continuation of rising on the short term basis.
Therefore, we will keep our bullish overview that its next target located at 1.0000, reminding you with the importance of holding above 0.9800 level to continue the expected bullish bias.
Expected trading range for today is between 0.9800 support and 1.0000 resistance.
Expected trend for today: Bullish
Origin: Economies
