The USDCHF pair trades positively now to return to the bullish channel that appears on the chart, which supports the continuation of our bullish overview on the intraday and short term basis, and the price needs to surpass the EMA50 to get rid of the negative pressure and continue rising towards our main waited target at 1.0055.
Therefore, the overall bullish trend will remain valid unless breaking 0.9850 level and holding below it.
Expected trading range for today is between 0.9880 support and 1.0000 resistance.
Expected trend for today: Bullish
Origin: Economies
