The USDCHF pair managed to surpass 0.8975 and hold above it, which supports the continuation of the correctional bullish trend scenario efficiently in the upcoming period, and the way is open to visit 0.9025 that represents our next positive target.
Therefore, the bullish trend will remain valid and active on the intraday and short term basis, noting that holding above 0.8923 is important to continue the expected rise.
The expected trading range for today is between 0.8920 support and 0.9040 resistance.
The expected trend for today: Bullish
Origin: Economies
