The USDCHF pair shows some bearish bias to test the bullish channel’s support line that appears on the chart, while the EMA50 provides the positive support to the price, to support the chances of bouncing bullishly and resume the main bullish trend, which targets visiting 0.9990 level mainly.
Therefore, we will keep our bullish overview unless breaking 0.9836 level and holding below it.
The expected trading range for today is between 0.9850 support and 0.9950 resistance.
The expected trend for today: Bullish
Origin: Economies
