The USDCHF pair achieved a breach to 0.9800 level and closed the daily candlestick above it, which opens the way towards achieving more of the gains on the intraday basis, to target 0.9900 level mainly.
Therefore, the bullish bias will be preferred in the upcoming period unless the price returns to trade below 0.9800 level, which will reactivate the main negative scenario that its targets begin at 0.9676 and extend to reach 0.9474.
Expected trading range for today is between 0.9700 support and 0.9900 resistance.
Expected trend for today: Bullish
Origin: Economies
