The USDCHF pair bounced bullishly well after leaning on the intraday bullish channel’s support line that appears on the chart, to settle above 0.9990 level again, which supports the continuation of our bullish overview in the upcoming period, supported by the EMA50, waiting to head towards 1.0128 level mainly.
Therefore, the bullish trend will remain dominant for today unless breaking 0.9990 level and holding with a daily close below it.
The expected trading range for today is between 0.9950 support and 1.0080 resistance.
The expected trend for today: Bullish
Origin: Economies
