The USDCHF pair breached 0.9848 level and closed the daily candlestick above it, which stops the suggested bearish bias in our last reports and leads the price to achieve potential gains in the upcoming sessions, where the positive targets begin by testing 0.9944 level.
Note that breaching the targeted level will extend the pair’s gains to reach 1.0062 as a next main station, while the bullish trend will remain active unless breaking 0.9848 level and holding below it again.
Expected trading range for today is between 0.9800 support and 0.9944 resistance.
Expected trend for today: Bullish
Origin: Economies
