The USDCHF pair shows more bullish bias to reach the thresholds of the first waited target at 0.9790, as the price continues to move inside the bullish channel that appears on the chart, being aware that it is important to monitor the price when reaching the mentioned level, as breaching it will extend the bullish wave to target the previous recorded top at 0.9976 as a next station.
In general, we will continue to suggest the bullish trend in the upcoming sessions, supported by the EMA50, unless breaking 0.9675 level and holding below it.
Expected trading range for today is between 0.9700 support and 0.9830 resistance.
Expected trend for today: Bullish
Origin: Economies
