The USDCHF pair bounced upwards clearly yesterday to move around 1.0000 barrier now, which supports the continuation of our bullish overview on the intraday and short term basis, waiting to breach 1.0055 level to confirm extending the bullish wave towards 1.0170 that represents our next main target.
The EMA50 supports the expected rise, while the overall bullish trend will remain valid unless breaking 0.9880 followed by 0.9850 levels and holding below them.
Expected trading range for today is between 0.9950 support and 1.0080 resistance.
Expected trend for today: Bullish
Origin: Economies
