The USDCHF pair breached 0.9860 level strongly and rallied upwards to achieve our first extended target at 0.9920, and we expect the continuation of the bullish trend to head towards 1.0000 followed by 1.0064 levels as next main stations.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period, supported by the EMA50, noting that holding above 0.9860 is important to achieve the suggested targets.
The expected trading range for today is between 0.9860 support and 1.0000 resistance.
The expected trend for today: Bullish
Origin: Economies
