The USDCHF pair provided positive attempts yesterday to move away gradually from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend in the upcoming period, which targets testing 1.0055 level as a next station.
The EMA50 supports the expected rise, noing that breaking 0.9935 might push the price to test 0.9850 areas before any new attempt to rise.
Expected trading range for today is between 0.9900 support and 1.0030 resistance.
Origin: Economies
