The USDCHF pair settles above 0.9900 barrier, forming good support base that reinforces the continuation of the recently suggested positive scenario, which depends on the stability above 0.9864 level, while the EMA50 keeps providing the positive support to the price.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions, and the targets begin at 1.0000 and extend to 1.0326, noting that breaking 0.9864 level will push the price to visit 0.9700 areas and might extend to 0.9578 before any new attempt to rise.
Expected trading range for today is between 0.9864 support and 1.0050 resistance.
Expected trend for today: Bullish
Origin: Economies
