The USDCHF pair provided positive trades to surpass the EMA50 and settles above it, reinforcing the expectations of continuing the intraday bullish trend, which its next target located at 0.9836.
Therefore, the bullish bias will remain suggested for the upcoming period, noting that surpassing the mentioned target will push the price to 0.9945 as a next main station, while the expected rise will remain valid unless breaking 0.9712 level and holding below it.
The expected trading range for today is between 0.9730 support and 0.9836 resistance.
The expected trend for today: Bullish
Origin: Economies
