The USDCHF pair succeeded to achieve our waited target at 0.9990 and attempts to breach it now, which supports the chances of extending the bullish wave on the intraday and short term basis, reminding you that our next target extends to reach 1.0128.
Therefore, we are waiting for more rise in the upcoming sessions supported by moving above the EMA50, noting that failing to breach 0.9990 might force the price to test 0.9900 areas again before any new attempt to rise.
The expected trading range for today is between 0.9940 support and 1.0060 resistance.
The expected trend for today: Bullish
Origin: Economies
