The USDCHF pair rallied upwards strongly to breach 0.8975 and 0.9025 levels and settles above them, which reactivates the bullish trend scenario again, approaching to the next positive target at 0.9090, and the chances valid to surpass this level and open the way to head towards 0.9190 areas on the near term basis.
Therefore, we expect witnessing more rise in the upcoming sessions, noting that breaking 0.9025 will stop the positive scenario and press on the price to turn to decline.
The expected trading range for today is between 0.9000 support and 0.9130 resistance.
The expected trend for today: Bullish
Origin: Economies
