The USDCHF pair rallied strongly to the upside yesterday to approach from our first waited target at 0.9944, waiting to surpass this level to open the way to extend the pair’s gains to reach 1.0062.
The organized trading inside the bullish channel that appears on chart reinforce extending the bullish wave, which gets good support by the EMA50, while the price needs to hold above 0.9848 level to keep the chances of continuing the suggested bullish bias.
Expected trading range for today is between 0.9848 support and 1.0062 resistance.
Expected trend for today: Bullish
Origin: Economies
