The USDCHF pair managed to reach our first waited target at 0.9192 and settles there, waiting for more rise to breach this level and open the way for more bullish correction on the intraday and short term basis, as the next target is located at 0.9305.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.9115 will stop the expected rise and press on the price to return to the main bearish track again.
The expected trading range for today is between 0.9140 support and 0.9250 resistance.
The expected trend for today: Bullish
Origin: Economies
