The USDCHF pair traded negatively yesterday to break 0.9200 and settles below it, noticing that the EMA50 attempts to protect the price from suffering more losses, to keep the chances valid to resume the expected bullish trend on the intraday and short term basis, which its next target located at 0.9265.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.9135 and holding below it.
The expected trading range for today is between 0.9150 support and 0.9250 resistance.
The expected trend for today: Bullish
Origin: Economies
