The USDCHF pair breached the intraday bearish channel’s resistance clearly that appears on the chart, to head towards starting bullish correction for the decline that started from 0.9472 areas, as the first correctional target is located at 0.9058.
Therefore, the bullish bias will be suggested for today, taking into consideration that breaking 0.8965 followed by 0.8930 levels will stop the expected rise and press on the price to resume the main bearish trend again.
The expected trading range for today is between 0.8960 support and 0.9055 resistance.
The expected trend for today: Bullish
Origin: Economies
