The USDCHF pair resumed its bullish rally yesterday to attack 0.9960 and close the daily candlestick above it, which adds more confirmation to the continuation of the bullish trend scenario on the short term basis, paving the way to head towards the previously recorded top at 1.0326 in the upcoming period.
Therefore, the bullish trend scenario will remain valid and active for today supported by the EMA50, conditioned by the price stability above 0.9864.
Expected trading range for today is between 0.9900 support and 1.0050 resistance.
Expected trend for today: Bullish
Origin: Economies
