The USDCHF pair traded with clear positivity yesterday to move away from 0.9864 level, as it managed to surpass 0.9900 barrier and settled with a daily close above it, to build new support base that reinforces the chances of continuing the bullish bias in the upcoming period, opening the way to achieve our positive targets that begin at 1.0000 and extend to 1.0326.
Therefore, our bullish overview will remain valid and active on the intraday and short term basis, reminding you that it is important to hold above 0.9864 to achieve the suggested targets.
Expected trading range for today is between 0.9864 support and 1.0050 resistance.
Expected trend for today: Bullish
Origin: Economies
