The USDCHF pair rallied upwards strongly yesterday to breach 1.0025 level and settles above it, which activates the bullish trend scenario on the intraday and short term basis, noting that our next positive target is located at 1.0128.
Therefore, the bullish trend will be expected in the upcoming sessions, noting that breaking 0.9990 will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 0.9990 support and 1.0128 resistance.
The expected trend for today: Bullish
Origin: Economies
