The USDCHF pair shows some bearish bias to press on the key support 0.9990, noticing that the price moves inside an intraday bullish channel protected by the EMA50, which keeps the chances valid to resume the main bullish trend, which its next main target located at 1.0128.
Note that the continuation of the negative pressure and breaking 0.9980 will stop the expected rise and push the price to visit 0.9900 level initially.
The expected trading range for today is between 0.9950 support and 1.0060 resistance.
The expected trend for today: Bullish
Origin: Economies
