The USDCHF pair breached 0.9836 level clearly and settled above it, to turn to rise on the intraday basis, on its way to test 0.9885 level initially, noting that breaching this level will extend the bullish wave to target 0.9990 areas on the near term basis.
Therefore, the bullish trend will be expected for today unless breaking 0.9836 level and holding below it again.
The expected trading range for today is between 0.9820 support and 0.9940 resistance.
The expected trend for today: Bullish
Origin: Economies
