The USDCHF pair breached the bearish channel’s resistance and settled above it, to start bearish correction for the decline that start from 1.0145 areas, on its way to visit 0.9435 areas on the near term basis.
Therefore, the bullish bias will be suggested for the upcoming period, noting that breaking 0.9285 will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 0.9260 support and 0.9385 resistance.
The expected trend for today: Bullish
Origin: Economies
