The USDCHF pair rallied sharply to the upside on last Friday to breach 0.9680 level and attack 0.9752 level direct, as it breached this level clearly and settled above it, which opens the way to extend the bullish wave to head towards the key resistance areas located between 0.9895 and 0.9944.
Therefore, the bullish trend will be expected in the upcoming sessions supported by the EMA50, unless breaking 0.9752 followed by 0.9634 levels and holding below them.
Expected trading range for today is between 0.9700 support and 0.9895 resistance.
Expected trend for today: Bullish
Origin: Economies
