The USDCHF pair breached 0.9990 level clearly and settled above it, to activate the bullish trend scenario on the intraday and short term basis, supported by the EMA50, waiting to achieve positive targets that begin at 1.0070 and extend to 1.0128.
We should note that breaking 0.9990 and holding below it will push the price back to the sideways track that its signs appear on the chart.
The expected trading range for today is between 0.9950 support and 1.0070 resistance.
The expected trend for today: Bullish
Origin: Economies
