The USDCHF pair hovers around the EMA50, and it needs to get rid of the current negative momentum to manage to resume the expected bullish trend for the upcoming period, which targets testing 0.9058 initially.
Therefore, we will continue to suggest the correctional bullish trend on the intraday basis unless breaking 0.8965 followed by 0.9030 levels and holding below them.
The expected trading range for today is between 0.8960 support and 0.9055 resistance.
The expected trend for today: Bullish
Origin: FreshForex