The USDCHF price managed to breach the key resistance 1.0055 and closed the daily candlestick above it, which reactivates the bullish trend scenario on the intraday and short term basis, paving the way to head towards our positive targtes that start at 1.0105 followed by 1.0170.
The EMA50 supports the suggested bullish wave, which its continuation conditions holding above 1.0055 – 1.0020 levels.
Expected trading range for today is between 1.0022 support and 1.0150 resistance.
Expected trend for today: Bullish
Origin: Economies
