The USDCHF pair rallied upwards clearly to reach the thresholds of the first waited target at 0.8930, expecting to surpass this level to open the way to achieve more bullish correction, as our next target is located at 0.8975.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period unless breaking 0.8860 and holding below it.
The expected trading range for today is between 0.8870 support and 0.8980 resistance.
The expected trend for today: Bullish
Origin: Economies
