The USDCHF pair rallied upwards strongly yesterday to breach 0.9864 level and close the daily candlestick above it, which activates the bullish trend scenario on the short term basis, opening the way to attempt to head towards the previously recorded top at 1.0326.
Therefore, the bullish bias will be suggested for the upcoming sessions, supported by the EMA50 that carries the price from below, unless breaking 0.9864 followed by 0.9810 levels and holding below them.
Expected trading range for today is between 0.9810 support and 0.9960 resistance.
Expected trend for today: Depends on the above mentioned levels
Origin: Economies
