The USDCHF pair traded positively to surpass 0.8965 level and attempts to breach 0.8980 level, to hint heading to achieve expected gains in the upcoming sessions, targeting visiting 38.2% Fibonacci correction level at 0.9055 as a next main target.
Therefore, the bullish bias will be expected for today, supported by moving above the EMA50, noting that breaking 0.8965 will stop the expected rise and push the price to decline again.
The expected trading range for today is between 0.8920 support and 0.9060 resistance.
The expected trend for today: Bullish
Origin: Economies
